How soon can I file taxes if I itemize?
The IRS has announced that Congressional delays in passing the new tax code will leave them unable to process tax forms that itemize deductions until mid February. Other filers should be unaffected, but the 50 million who itemize will have to wait.
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About Tax Forms
Tax forms report financial information to state and federal tax bureaus. Individuals or corporations file these forms with the respective tax organization. Their are many different types of tax forms, however the most popular is the 1040 (Individual Income Tax Return).
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