The Internal Revenue Service announced Monday it has finished updating its tax-processing systems, clearing the way for all businesses and individuals to file their 2012 tax returns.
Earlier this year, the IRS was forced to delay the opening of this year's tax filing season by eight days to Jan. 30 because of the tax law changes passed Jan. 2 to avert the so-called fiscal cliff.
In addition to the opening delay, IRS officials said some taxpayers who take advantage of some special types of credits would have to wait until late February or March to file to allow the agency enough time to update its forms.
"The IRS began accepting 2012 returns in phases as it worked quickly to update various forms and instructions and made critical adjustments to its processing systems to reflect the current law," IRS regional spokesman Mark Hanson said.
The final systems upgrades were completed over the weekend, clearing the way for those claiming residential energy credits or some business tax credits and deductions to file their returns.
IRS systems are now completely reprogrammed to reflect all updates required by the American Taxpayer Relief Act -- the law passed to avert the fiscal cliff.While the opening of tax season was delayed for some, the deadline to file returns remains unchanged. Individuals and businesses have until April 15 to file a tax return or an extension.