NEW YORK (CNNMoney) -- On Monday, the Internal Revenue Service will begin accepting itemized tax returns, after having pushed back the process due to Congress' delay finalizing the tax code this year.
That delay -- during which the IRS reprogrammed its processing systems -- meant that if you itemize deductions on Form 1040 Schedule A, you weren't able to file your taxes earlier than Feb. 14.
Itemized deductions include mortgage interest, charitable donations, medical expenses, along with state and local taxes.
Taxpayers were also forced to hold off if they were claiming deductions for college tuition as well as out-of-pocket expenses for teachers.
But you had the green light to file any time if you were claiming other education credits, the child tax credit, the Earned Income Tax Credit or the rest of the tax breaks available this year.
While about 50 million taxpayers itemize their deductions or claim the deductions affected by the delay, the IRS said that only about 9 million of those taxpayers actually file early enough to be affected.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.75%||3.59%|
|15 yr fixed||2.91%||2.69%|
|30 yr refi||3.79%||3.59%|
|15 yr refi||2.99%||2.75%|
Today's featured rates:
The company said it found no evidence of bias but would make some changes to how its Trending Topics are chosen. More
The wealthiest Americans say it's not connections or talent that make you rich -- it's strong family values and hard work. More
12-year-old Tanishq Abraham was accepted to two University of California colleges -- but not Stanford. His dream? Be doctor, medical researcher and the president of the United States. More
In 1998, Ntsiki Biyela won a scholarship to study wine making. Now she's about to launch her own brand. More
The Labor Department says the new overtime rules will either mean more money or more free time for employees. Employers are telling a very different story. More