On Thursday, Feb. 14, 2013, the IRS plans to start processing Tax Year 2012 returns that contain IRS Form 8863 Education Credits. That is, according to Katrina, one our of IGMR users spinning in circle to figure out when she will get her tax refund. It’s usually a great thing if you qualify for education tax credits or deductions, and many students get to bump their refunds or reduce their tax debt a smidgen with this tax benefit. The early filers who flock to igotmyrefund.com and our Facebook page are starting to question whether this tax benefit was worth the hassle and say the hold up by the IRS this year for those who used the 8863 to file has put them through processing hell.
As of 05/06/2013… Filed 1/28/13 … 98 days ago… TurboTax Transmitted 1/30/13 … 96 days ago IRS finally Accepted due to 8863 delays on 2/14/13 … 81 days ago Where’s my refund has been stuck in processing since then… After 25 days and still in processing on 3/11/13 I called and was told they mailed … Read more