Federal Excise Tax Refund on Phone Bill - which lines?????

register ::  Login Password  :: Lost Password?
please rate
this thread
Posted by condor_222 on April 12, 2007, 10:26 am
 
Dear Experts,

I'm doing my taxes.  I know I can get "a credit or refund
of the tax paid on long distance service or bundled
service billed after February 28, 2003, and before
August 1, 2006" by filling out form Form 8913.


And, what I read, tells me everything,
except what I need to know.  Mainly, it says,
Excise tax.

I have all my phone bills from this time period.
Just what lines do I tally up?????


I live in Mass. and have a bill with Verizon.

Look at all the taxes, and I'm only listed the ones
for the Feds here.


Page 3

Verizon Basic Local services page

2    surcharges
    FCC line charge            6.45
    ...
    Federal Tax             .80
    ...
    Federal USF surcharge         .62
    ...

Verizon Optional Services
    lines 6 to 11, and then there is:
    Federal tax            .24


Page 5

Then there is a page with calls I made with a dial around,
another company.
    ...
    ...
    Federal tax            .07
    ...


Page 6

I then have a page for Verizon Long Distance

Long distance summary
    ...
    ...
    Surcharges and taxes        3.95

Long distance plans and other charges
    Federal Universal service    3.91
    ...
    ...

Long Distance Surcharge and Taxes
    Federal Tax            1.48
    ...



If you add up all these, I get:        17.52
for the month.


And this was a lean month of long distance.


So, who can tell me, precisely, which lines I
am allowed to tally up?


Thanks a lot!


Posted by Paul Thomas, CPA on April 12, 2007, 11:14 am
 


It's going to be the Federal Excise Tax - and it should say that.





YES !!!!!!!!!!!!!


That's it.


All the other taxes and fees are not included in the federal excise tax
refund computation.



--
Paul Thomas, CPA
paulthomascpapc@bellsouth.net




Posted by Larry Bud on April 12, 2007, 12:29 pm
 On Apr 12, 10:26 am, condor_...@yahoo.com wrote:

Everything you ever wanted to know:

http://www.irs.gov/newsroom/article/0,,id 1506,00.html

About half way down it talks about which lines to add up.


Posted by Cubit on April 12, 2007, 4:50 pm
 The IRS has a standard claim of $30, which means you can avoid all the extra
paperwork.



Posted by George Grapman on April 12, 2007, 5:07 pm
 Cubit wrote:

   Correct , but you get another $10 for each additional dependent up to
a total of $60.

   To reply via e-mail please delete 1 c from paccbell

This Thread
Bookmark this thread:
 
 
 
 
 
 
  •  
  • Subject
  • Author
  • Date