Hold onto your hats, the processing of tax returns in 2013 will be a bumpy ride. Here is another delay in the processing of Federal Tax returns impacting those filing for educational tax benefits. If you have a tax return that will utilize a number of common educational credits, your tax return cannot be processed by the IRS until mid-February.  Affected tax returns include any provisions found on Form 8863 and include: The American Opportunity Tax Credit The Lifetime Learning Credit This delay does not impact tax returns with other educational tax benefits like student loan interest deductions or the

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