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Get ready for tax time!
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Get ready for tax time!
Go Back to November, 2006 Index
 
 

Posted by John_NorCal on 11/7/06 8:59am
Msg #157732

Get ready for tax time!

With the repeal of the telephone excise tax, you can claim a refund on your 2006 tax return. Individuals can claim a "safe harbor" refund of $30.00 plus $10.00 for each dependent up to a maximum of $60.00. Of course if you can prove that you paid more by adding up all of your telephone bills since March 2003 you can then take the higher amount.
Just a little tidbit I thought you all may want to know.

Reply by KimK/pa on 11/7/06 11:11am
Msg #157780

Also if you know of anyone that does not need to file a tax return, they are not excluded from this refund on the telephone excise tax. They will need to file a simple form (Form 1040EZ-T) to choose the standard amount.


Reply by Teddog/CO on 11/7/06 11:46am
Msg #157785

Thanks for the info. John ! n/m

Reply by Jason on 11/7/06 5:15pm
Msg #157873

IRS url for info on phone tax refund

http://www.irs.gov/newsroom/article/0,,id=161506,00.html

Thx for alert, John!


 
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