The IRS had to delay the start of this year's tax filing
season until it completed programming changes made necessary by the late
passage of the "American Taxpayer Relief Act of 2012" (signed into
law on January 2, 2013).
Normally, farmers and fishermen are not required to make
quarterly estimated tax payments if they file their tax return and pay taxes
due by March 1 of the following year. The filing delay created by the new law
meant that several tax forms needed by these taxpayers would not be ready on
time.
As a result, the IRS has announced an extension of the March
1 filing deadline for farmers and fishermen to April 15.
The filing extension will apply to all farmers and
fishermen, not just to those who use late-released IRS forms.
To qualify as a farmer or fisherman for 2012, at least
two-thirds of the taxpayer's gross income for 2011 or 2012 must have come from
farming or fishing.
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