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What is the start date for filling your taxes for 2007?


What is the start date for filling your taxes for 2007?

You can start now, but cannot file them until January, 2008. If you are employed or have investments, don't expect your w-2s or 1099's until late January. The recent changes in AMT laws are likely to delay processing by several weeks, particularly if you are expecting a refund.

As soon as you have all of your W-2s, 1099s, mortgage interest statements, student loan interest statements...etc. When you have all the documentation you need for 2007, you can file. You usually don't receive everything until mid-Jan, first of Feb.

There is a delay to Feb 11 for filing if you use one or more of the following forms:

鈥?Form 8863, Education Credits.
鈥?Form 5695, Residential Energy Credits.
鈥?Form 1040A's Schedule 2, Child and Dependent Care Expenses for Form 1040A Filers.
鈥?Form 8396, Mortgage Interest Credit and
鈥?Form 8859, District of Columbia First-Time Homebuyer Credit.

Otherwise you can file by mail starting Jan 1 or efile starting Jan 14.

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