Someone emailed this to me.
> This is true. You can check it on Snopes or Urban
> Legends. You can get a
> refund from on your income tax return.. Just read
> the following and check
> for yourself. Then send it to your friends and
> family.
>
> * Subject: Telephone Tax Refund 2006
>
>
> This was in Sunday's Bee; Business Section page D4.
>
> Subject: Telephone Tax Refund
>
> TAX REFUND. PLEASE COPY FOR FAMILY MEMBERS!!!!
>
> Tax refund on your phone bill. Print this out and
> put in 2006 tax return
> folder. It is an easy $30 to $60.
>
> When it comes time to prepare and file your 2006 tax
> return, make sure
> you don't overlook the "federal excise tax refund
> credit." You claim the
> credit on line 71 of your form 1040. A similar line
> will be available if
> you file the short form 1040A. If you have family
> or
> friends who no
> longer file a tax return AND they have their own
> landphone in their home
> and have been paying a phone bill for years, make
> sure they know about
> this form 1040EZ-T. What is this all about? Well
> the federal excise tax
> has been charged to you on your phone bill for
> years. It is an old tax
> that was assessed on your toll calls based on how
> far the call was being
> made and how much time you talked on that call.
> When
> phone companies
> began to offer flat fee phone service, challenges
> to
> the excise tax
> ended up in federal courts in several districts of
> the country. The
> challenges pointed out that flat fee/rate phone
> service had nothing to
> do with the distance and the length of the phone
> call. Therefore, the
> excise tax should/could not be assessed.
>
> The IRS has now conceded this argument. Phone
> companies have been given
> notice to stop assessing the federal excise tax as
> of Aug 30, 2006. You
> will most likely see the tax on your September
> cutoff statement, but it
> should NOT be on your October bill. But the
> challengers of the old law
> also demanded restitution. So the IRS has announced
> that a one time
> credit will be available when you and I file our
> 2006 tax return as I
> explained above. However, the IRS also established
> limits on how BIG a
> credit you can get. Here's how it works.
>
> If you file your return as a single person with just
> you as a dependent,
> you get to claim a $30 credit on line 71 of your
> 1040. If you file with
> a child or a parent as your dependent, you claim
> $40.
> If you file your return as a married couple with no
> children, you claim
> $40.
> If you file as married with children, you claim $50
> if one child, $60 if
> two children.
>
> In all cases, the most you get to claim is $60 -
> UNLESS you have all
> your phone bills starting AFTER Feb 28, 2003
> through
> July 31, 2006 (do
> not use any bills starting Aug 1, 2006.), then you
> can add up the ACTUAL
> TAX AS IT APPEARS ON YOUR BILLS AND CLAIM THAT FOR
> A
> CREDIT. Now if you
> have your actual phone bills and come up with an
> ACTUAL TAX AMOUNT, you
> cannot use line 71 on your tax return. You have to
> complete a special
> form number 8913 and attach it to your tax return.
> Individuals using the
> special from 1040EZ-T will have to attach this form
> 8913 also.
>
> One final point- this credit is a refundable credit.
> That means you get
> this money, no matter how your tax return works
> out.
> If you would end up
> owing the IRS a balance, the refund will reduce
> that
> balance you owe. If
> you end up getting a refund, the credit will be
> added and you get a
> bigger refund by that $30 to $60, depending on how
> many dependents are
> on your return.
>
> Feel free to pass this on or make copies for family
> and friends who
> don't have computers.
> *
>
> This is true. You can check it on Snopes or Urban
> Legends. You can get a
> refund from on your income tax return.. Just read
> the following and check
> for yourself. Then send it to your friends and
> family.
>
> * Subject: Telephone Tax Refund 2006
>
>
> This was in Sunday's Bee; Business Section page D4.
>
> Subject: Telephone Tax Refund
>
> TAX REFUND. PLEASE COPY FOR FAMILY MEMBERS!!!!
>
> Tax refund on your phone bill. Print this out and
> put in 2006 tax return
> folder. It is an easy $30 to $60.
>
> When it comes time to prepare and file your 2006 tax
> return, make sure
> you don't overlook the "federal excise tax refund
> credit." You claim the
> credit on line 71 of your form 1040. A similar line
> will be available if
> you file the short form 1040A. If you have family
> or
> friends who no
> longer file a tax return AND they have their own
> landphone in their home
> and have been paying a phone bill for years, make
> sure they know about
> this form 1040EZ-T. What is this all about? Well
> the federal excise tax
> has been charged to you on your phone bill for
> years. It is an old tax
> that was assessed on your toll calls based on how
> far the call was being
> made and how much time you talked on that call.
> When
> phone companies
> began to offer flat fee phone service, challenges
> to
> the excise tax
> ended up in federal courts in several districts of
> the country. The
> challenges pointed out that flat fee/rate phone
> service had nothing to
> do with the distance and the length of the phone
> call. Therefore, the
> excise tax should/could not be assessed.
>
> The IRS has now conceded this argument. Phone
> companies have been given
> notice to stop assessing the federal excise tax as
> of Aug 30, 2006. You
> will most likely see the tax on your September
> cutoff statement, but it
> should NOT be on your October bill. But the
> challengers of the old law
> also demanded restitution. So the IRS has announced
> that a one time
> credit will be available when you and I file our
> 2006 tax return as I
> explained above. However, the IRS also established
> limits on how BIG a
> credit you can get. Here's how it works.
>
> If you file your return as a single person with just
> you as a dependent,
> you get to claim a $30 credit on line 71 of your
> 1040. If you file with
> a child or a parent as your dependent, you claim
> $40.
> If you file your return as a married couple with no
> children, you claim
> $40.
> If you file as married with children, you claim $50
> if one child, $60 if
> two children.
>
> In all cases, the most you get to claim is $60 -
> UNLESS you have all
> your phone bills starting AFTER Feb 28, 2003
> through
> July 31, 2006 (do
> not use any bills starting Aug 1, 2006.), then you
> can add up the ACTUAL
> TAX AS IT APPEARS ON YOUR BILLS AND CLAIM THAT FOR
> A
> CREDIT. Now if you
> have your actual phone bills and come up with an
> ACTUAL TAX AMOUNT, you
> cannot use line 71 on your tax return. You have to
> complete a special
> form number 8913 and attach it to your tax return.
> Individuals using the
> special from 1040EZ-T will have to attach this form
> 8913 also.
>
> One final point- this credit is a refundable credit.
> That means you get
> this money, no matter how your tax return works
> out.
> If you would end up
> owing the IRS a balance, the refund will reduce
> that
> balance you owe. If
> you end up getting a refund, the credit will be
> added and you get a
> bigger refund by that $30 to $60, depending on how
> many dependents are
> on your return.
>
> Feel free to pass this on or make copies for family
> and friends who
> don't have computers.
> *
>
