Telephone Excise Tax Refund Info

Jan 23, 2007 10:37

I've seen a few of you post about this, but I wanted to go a bit further and explain the refund a bit more. I've already had one person freak out at me about "don't take it if you think you're going to be audited" or something insane like that. :P ( Read more... )

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Comments 6

dragonbane January 23 2007, 18:29:34 UTC
Oh, bonus. I hadn't realized it covered cellphone service as well.

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coldspaghetti January 23 2007, 22:31:34 UTC
Anyone know if this is written into TurboTax 2007?

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deusinnomen January 23 2007, 22:42:02 UTC
Yes it is. I didn't see the option pop up until I went into the Deduction Finder, but then it came up and allows you to either take the standard deduction or enter the monthly tax amounts for the time frame.

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coldspaghetti January 23 2007, 22:44:27 UTC
Cool, thanks for the info!!

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And who said something about being audited? coldspaghetti January 23 2007, 22:45:43 UTC
Over a $30 credit? Yeah right. $30 isn't worth their time. It's not even enough to pay the IRS auditor's salary.

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