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Daycare and Taxes>Has Anyone Gotten Their Tax Return Yet?
wdmmom 12:16 PM 02-11-2013
We turned in all our information to our accountant and it was completed 2 weeks ago but we were told that the IRS hasn't released the depreciation form for 2012, therefore holding up our return for up to a month!

If anyone else has gotten their return back already, please let me know.

I need to know if this is correct information.

Thanks!
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mema 12:18 PM 02-11-2013
I think it is sometime in March before that form is ready. Something about the fiscal cliff I think
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wdmmom 12:20 PM 02-11-2013
I was told it should be released February 28th.

Either way, they're collecting more interest on MY money and now they want to keep it longer?! Gotta love the government! GRRR
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mema 12:27 PM 02-11-2013
When I saw Tom at a meeting in January, it was March. But now looking at his blog, it's Feb. 10. I still haven't had a chance to get mine in and I *think* we might owe, so I'm in no hurry

http://tomcopelandblog.com/
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MarinaVanessa 02:20 PM 02-11-2013
I havn't even turned my stuff in yet since I'm waiting for the webinar with all of the tax changes for 2012. I was hoping that once that was over and I rechecked all of my paperwork that I could turn it in and get my stuff processed. I didn't even know there was a hold on the taxes
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Country Kids 02:34 PM 02-11-2013
One of my daycare mamas know a few people that has received theirs back. Now they aren't in the childcare business (not sure what they do) but they already have gotten theirs.
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mema 02:37 PM 02-11-2013
It was just the depreciation form on hold, so if you aren't depreciating anything, then you could file and get back. I need to get the rest of my stuff around-I hate tax time. I also hate trying to find the time to drop it off. The office I go to technically closes at 5pm, but the accountant is there late at night working.....good thing I got connections and can drop off after hours
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wdmmom 02:43 PM 02-11-2013
My accountant tried filing mine today. No go. Not sure why...
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TomCopeland 04:25 PM 02-11-2013
The IRS has started processing tax returns that contain the depreciation Form 4562 as of February 10th. See my article: http://www.tomcopelandblog.com/2013/...uary-10th.html


Join me for a webinar “2012 Tax Changes: How to Avoid Mistakes on Your Tax Return” Tuesday, February 12th at 8:30-10:00pm Eastern Time. The cost is $25 (100% tax deductible!). To register: http://events.r20.constantcontact.co...&llr=yatrx4cab
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Angelsj 04:40 AM 02-12-2013
Mine is being held up over the 8863, the college education credits. Or so says TaxAct.
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TomCopeland 08:56 AM 02-12-2013
Originally Posted by Angelsj:
Mine is being held up over the 8863, the college education credits. Or so says TaxAct.
The IRS has announced that they will start processing tax returns with Form 8863 as of February 14th.
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Angelsj 02:55 PM 02-12-2013
Originally Posted by TomCopeland:
The IRS has announced that they will start processing tax returns with Form 8863 as of February 14th.
Thank goodness. They have been sitting there since Jan 25th.
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Tags:tax returns, taxes
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