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To: (Bob) Zumbrunnen who wrote (3408)2/1/1998 11:42:00 PM
From: Matt Burton  Read Replies (1) | Respond to of 4594
 
OFF TOPIC SmartMoney, eh? I was interviewed at great length electronically by a guy there planning an article on Internet college info. I was expecting a huge write-up that I could pop into my college apps, but it was never printed and the writer quit SM altogether before I could get a copy of it. Oh well... just burning off steam, Matt.



To: (Bob) Zumbrunnen who wrote (3408)2/3/1998 11:25:00 AM
From: mtnres  Read Replies (1) | Respond to of 4594
 
OFF TOPIC- FYI

I appears that due to an IRS snafu in their programming, you cannot file returns with
Schedule D's electronically till perhaps Feb. 12 or later. If you filed on paper, they
cannot process your return if it has a Schedule D till the IRS fixes it's software to
handle the changes in the capital gains processing. Just an FYI for those waiting for
refunds.

The IRS states, "Unfortunately, the time required to implement
the programming required as a result of the extensive changes
means that the we will not be able to process returns with
Schedule D until sometime in mid-February. We will not be
able to accept returns through our IRS e-file systems until the
programming is in place. Taxpayers filing paper returns will
also be affected. Even though we can accept paper returns we
will not be able to process them until the programming is in
place. A more exact target date will be determined in
December and will be posted immediately to our Website.

We expect that only 1 to 3 percent of taxpayers who report
capital gains or losses would file early enough to be affected
by this processing issue."