2012 tax refunds possibly delayed by Fiscal Cliff - KYTX CBS 19 Tyler Longview News Weather Sports

2012 tax refunds possibly delayed by Fiscal Cliff

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(CNN) - There's no word yet if your tax refunds will be delayed this year because of the last-minute deal on the Fiscal Cliff.  

The IRS put out a statement saying quote: "The I-R-S is currently reviewing the details of this week's tax legislation and assessing what impact it will have on this year's filing season."  It also said it will issue additional guidance quote -- "soon."

If you look at the 10-40 form for 2012, several lines are listed as "reserved." An I-R-S spokesman says those are placeholders for several Fiscal Cliff provisions it was waiting on, like the alternative minimum tax.  

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