BOSTON (TheStreet) -- Bite your nails until April 18 all you want, slackers, but there's a healthy portion of the taxpaying populace that's just a W-2 form away from ending its annual tax torment -- if only that form would arrive.The observed celebration of Emancipation Day in Washington, D.C., on April 15 pushes this year's tax deadline back three days, and changes made to the tax code in December mean waiting until Feb. 14 to file for taxpayers making itemized deductions such as mortgage interest and medical expenses; students seeking a college tuition and fees deduction; or teachers looking to deduct expenses. That's cutting it a little close for those lucky enough to limit their tax paperwork to a W-2 and banking interest statement and able to file taxes through one of the short forms -- which describes 5 million of the more than 20 million federal returns handled each year via Intuit's ( INTU) Turbo Tax, says Bob Meighan, vice president of customer advocacy for the company and a certified public accountant.
|The Internal Revenue Service says employers need to send out W-2 forms no later than Jan. 31, but leaves plenty of room for exceptions and deadline extensions. Sometimes that forces workers to wait to file their taxes.|
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