Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Don't forget to claim your part of the $10,000,000,000 refund
Old 12-26-2006, 12:22 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
mickeyd's Avatar
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,621
Don't forget to claim your part of the $10,000,000,000 refund

The Telephone Excise Tax Refund is a one-time tax credit that you can claim on your 2006 tax return. It represents a refund of excise taxes paid on long-distance telephone service. The IRS expects to refund about $10 billion in telephone excise taxes.
You can choose between the standard amounts set by the IRS or the actual amount of excise taxes you paid.

Claiming the standard amount is the easiest method, but your actual amount may be higher. You should claim whichever method will result in the largest refund of your telephone excise tax
Part-Owner of Texas

Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx

In dire need of: faster horses, younger woman, older whiskey, more money.
mickeyd is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Don't forget to claim your part of the $10,000,000,000 refund
Old 12-26-2006, 12:58 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 7,913
Re: Don't forget to claim your part of the $10,000,000,000 refund

Hold on a minute.........I think the info about payment of actual amount paid is misleading. I think the max in all cases is $60.

I presume turbotax will handle this for me.........waiting for more informed feedback.
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rental Car Liability Claim BigMoneyJim Other topics 12 05-18-2006 12:24 PM

» Quick Links

All times are GMT -6. The time now is 02:31 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.