Has anyone heard of the telephone excise tax rebate for taxes? How do you claim it when you file your taxes?

Similar questions: heard telephone excise tax rebate taxes claim file.

Yep, it's real. Here's the skinny. The rebate is real.

From the friendly and informative (well, maybe) folks at the IRS: What is the telephone tax refund? The telephone tax refund is a one-time payment available on your 2006 federal income tax return, designed to refund previously collected federal excise taxes on long-distance or bundled service. It is available to anyone who paid such taxes on landline, wireless, or Voice over Internet Protocol (VoIP) service.

How do I get the telephone tax refund? In general, anyone who paid the telephone tax on their long-distance or bundled service during the refund period (after Feb. 28, 2003, and before Aug.1, 2006) is eligible to request the refund on their 2006 federal income tax return. This includes individuals, businesses and nonprofit or tax exempt organizations.

But many people don’t want to dig through up to 41 months of old phone bills or lack the records they need to figure the actual amount of tax paid. For that reason, the government created a standard amount, ranging from $30 to $60 that individuals can use to request their refund. Taxpayers who request the standard amount will only need to fill out one additional line on their tax returns.

The standard amount is based on actual telephone usage data and the amount applicable to a family or other household reflects the taxes paid on long-distance or bundled phone service by similarly sized families or households. What is the standard amount? Individual taxpayers can take a standard amount from $30 to $60 based on the number of exemptions they are eligible to claim on their 2006 tax return.

For those who can claim: One exemption, the standard refund amount is $30; Two exemptions, the standard refund amount is $40; Three exemptions, the standard refund amount is $50; Four exemptions or more, the standard refund amount is $60. The instructions to the 2006 1040 tax forms provide more information on how to determine the correct number of exemptions. What forms do I file to request the refund?

For many individual taxpayers who want to take the standard amount, there are no additional forms to file, and you only need to fill out one additional line on your regular income-tax return. Individuals choosing the standard amount can simply fill in the amount on their regular income-tax return: Form 1040, Line 71; Form 1040A, Line 42; Form 1040EZ, Line 9; Form 1040NR, Line 69; or Form 1040NR-EZ, Line 21. Requesting the standard amount is optional.

It may be the easiest way to request a refund. A married couple filing a joint return with two dependent children, for example, will be eligible for the maximum standard amount of $60. Individuals who decide not to use the standard amount must figure their refund using the actual amount of tax they paid.

In some cases, choosing this option may result in a larger refund. To choose this option, individuals can fill out Form 8913 and attach it to their regular income-tax returns. Individuals can base their refund requests on phone bills and other records.

Individuals need not have bills and records covering the entire 41-month period (March 2003 through July 2006), but they must have records adequate to support the refund amount they are requesting. The standard amount is not available to businesses and nonprofits. Accordingly, businesses and nonprofits must fill out Form 8913 and base their refund requests on the actual amount of tax they paid.

Businesses should attach this form to the income-tax returns they normally file — Form 1120, 1120S, 1065 or 1041. Nonprofits, including churches, charities and other tax-exempt organizations, should attach it to Form 990-T. Alternatively, businesses and tax-exempts can review their bills for 2 months (April and September 2006 bills) and use a special formula to figure the refund.

For more information, see Telephone Tax Refunds: Questions and Answers for Businesses and Tax-Exempt Organizations. Can I e-file to get this refund?Yes. Virtually anyone who files an individual return qualifies for electronic filing, and the telephone tax refund is one of many tax benefits that can be reported on an e-filed return.

Whether you file electronically or on paper, you can get your refund even faster by having it deposited directly into your checking or savings account. Hopefully, that covers all the bases. If you use TurboTax, it should take care if it for you.

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Line Item on your 1040* When you file your Federal Income Tax, if you paid for long distance phone service at all between Feb. 28, 2003 and Aug. 1, 2006, you are eligible to claim the telephone excise tax refund. This is a line item on all of the various 1040* forms: Form 1040, Line 71; Form 1040A, Line 42; Form 1040EZ, Line 9; Form 1040NR, Line 69; or Form 1040NR-EZ, Line 21. The standard amount of refund is dependent upon the number of exceptions you claim, and ranges from $30 to $60, as follows: One exemption, the standard refund amount is $30; Two exemptions, the standard refund amount is $40; Three exemptions, the standard refund amount is $50; Four exemptions or more, the standard refund amount is $60.

If you actually have all of your telephone bills for the refund period mentioned above, you can dig them out and find out exactly how much telephone excise tax you paid. If that amount is higher than your standard amount, you can also file form 8913, and then claim the actual tax amount as a refund. Sources: http://www.irs.gov/newsroom/article/0,,id=161506,00.html .

You need to fill out a form, of course. The IRS loves forms. :) In general, anyone who paid the telephone tax on their long-distance or bundled service during the refund period (after Feb.28, 2003, and before Aug.1, 2006) is eligible to request the refund on their 2006 federal income tax return.

This includes individuals, businesses and nonprofit or tax exempt organizations. The 2006 return is usually filed during 2007. Taxpayers can base their refund requests on the actual amount of tax paid.To do this, they must fill out Form 8913, Credit for Federal Telephone Excise Tax Paid.

This form is then attached to their regular 2006 income-tax returns. But many people don’t want to dig through up to 41 months of old phone bills or lack the records they need to figure the actual amount of tax paid. For that reason, the government created a standard amount, ranging from $30 to $60 that individuals can use to request their refund.

Taxpayers who request the standard amount will only need to fill out one additional line on their tax returns. The standard amount is based on actual telephone usage data and the amount applicable to a family or other household reflects the taxes paid on long-distance or bundled phone service by similarly sized families or households. Sources: irs.gov/newsroom/article/0,,id=161506,00... .

It's fairly straightforward... When you file the 1040, there's a line item for the telephone excise tax. You can either accept a flat credit or, if you have all of your phone bills, you can add up the amount you paid and file for that full amount. If you use one of the freefile or other electronic filing methods, it should take care of this automatically..

If you are filing a form 1040... my first job after college was working for the IRS. If you are filing a form 1040 go to line 71. You can claim the standard credit, like I did or you can go back and add up all the amounts you paid from your phone bill records.

The standard amount is based on the number of exemptions you claim on your tax form (line 6d), this is you, your spouse, your dependents. For one exemptions they give you a $30 credit, for two exemptions they give you a $40 credit, for 3 $50 and for 4 or more $60. You will find the information regarding this credit on page 60 of the instructions for the 1040.

Sources: me and my tax form .

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But I heard I could claim it on my taxes... can someone explain.

I filed my taxes at H&R Block online. Can I file my taxes on TurboTax also?

I currently filed my taxes online at H&R Block. Can I also file my taxes on TurboTax.

How do I find out how much I payed in on my taxes -federial-state-local taxes -school taxes on unemployment if any tax.

I haven't filed my taxes. Can I still file the suckers?

My car broke down, I want to donate it to a non profit. But I heard I could claim it on my taxes... can someone explain.

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