Tax return season now open, but you may want to wait
MILWAUKEE - Last week the IRS started accepting tax returns. Now most of us can file our taxes, but some of us will still need to wait as the IRS makes updates following late passage of the tax laws.
Christopher Miller will join us from the IRS office in Milwaukee on Wisconsin Tonight to talk about that and tips now that filing season is here.
Miller said while most of us can file now, the IRS is asking certain groups to wait a little longer so the IRS can update and test their systems.
If you are going to claim education credits using Form 8863, you'll need to wait until mid-February to file, and if you're claiming residential energy credits, depreciation of property or general business credits, you will need to wait until late February into March before filing. But most of these folks tend to file later in the season anyway.
There is a full list of the affected forms on their website, under tax season kickoff.
Tune in at 6 p.m. to see more tax tips from Miller.