|
#7
| |||
| |||
| "Harlan Lunsford" <hnslunsford[at]bellsouth.net> wrote: - quote - > And before you get too excited about that, remember that
Actually, that is federal excise tax on long distance or> we're talking ONLY about federal excise tax on long distance > service. This does not pertain to federal excise tax on > local service. federal excise tax on bundled services, such as a cell phone plan which does not separate local and long-distance calls. Plus you get interest for the back taxes. I did the calculations for my phone usage -- land line with separate long distance back in the early months, then two cell phones for the second half of the credit period. My refund came out to $80 and the standard amount would only be $50. If you have a client with multiple cell phones, you could easily have a significant refund due. << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#6
| |||
| |||
| Stuart A. Bronstein wrote: - quote - > Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote:
That's intresting. I went through my bills for the whole> > > FWIW, I just looked through a few month's worth of (old) > > > bills -- it comes out to around $2/month for me (Verizon > > > flat rate plan along with two cell phones). > > And before you get too excited about that, remember that > > we're talking ONLY about federal excise tax on long distance > > service. This does not pertain to federal excise tax on > > local service. > One of my clients audits phone bills for overcharges. She > just got a federal excise tax refund for a national company > that you've heard of, of just under $175,000. time period. Even during tax season three years ago when I was calling Memphis every day to efile returns, the total tax on long distance one of those months never was more than 80cents, and of course besides those "heavy" months of Feb and March, rest of year might have averaged 12 cents per month. And many of those calls were on state society business for which I got reimbursed. Even for local clients who almost never make long distance calls, I'm not even going to suggest they go back and do the figures. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#5
| |||
| |||
| Harlan Lunsford <hnslunsford[at]bellsouth.net> wrote: - quote - > > FWIW, I just looked through a few month's worth of (old)
One of my clients audits phone bills for overcharges. She> > bills -- it comes out to around $2/month for me (Verizon > > flat rate plan along with two cell phones). > And before you get too excited about that, remember that > we're talking ONLY about federal excise tax on long distance > service. This does not pertain to federal excise tax on > local service. just got a federal excise tax refund for a national company that you've heard of, of just under $175,000. Stu << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#4
| |||
| |||
| - quote - > > > > I have all my old bills for all my phone lines. Can anyone
And before you get too excited about that, remember that> > > > tell me which of the federal taxes are to be included in the > > > > refund? My carrier is Verizon > > > > > > > I have for federal taxes: > > > > Federal subscriber line charge > > > > Federal universal service fee > > > > Federal universal service fee long distance > > > > Federal excise tax > > > The federal excise tax is what is being refunded. > > Take a look at the form 8913 before you get too excited. I > > doubt the time to complete the form is worth the small, if > > any, extra refund above the "standard amount". And if you > > use the 8913 for any phone you must use it for every phone - > > separate forms for each phone. The "standard amount" covers > > all phones. > FWIW, I just looked through a few month's worth of (old) > bills -- it comes out to around $2/month for me (Verizon > flat rate plan along with two cell phones). we're talking ONLY about federal excise tax on long distance service. This does not pertain to federal excise tax on local service. ChEAr$, Harlan Lunsford, EA n LA << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#3
| |||
| |||
| larry_mc[at]ix.netcom.com wrote: - quote - > > > I have all my old bills for all my phone lines. Can anyone
FWIW, I just looked through a few month's worth of (old)> > > tell me which of the federal taxes are to be included in the > > > refund? My carrier is Verizon > > > > > I have for federal taxes: > > > Federal subscriber line charge > > > Federal universal service fee > > > Federal universal service fee long distance > > > Federal excise tax > > The federal excise tax is what is being refunded. > Take a look at the form 8913 before you get too excited. I > doubt the time to complete the form is worth the small, if > any, extra refund above the "standard amount". And if you > use the 8913 for any phone you must use it for every phone - > separate forms for each phone. The "standard amount" covers > all phones. bills -- it comes out to around $2/month for me (Verizon flat rate plan along with two cell phones). << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#2
| |||
| |||
| - quote - > > I have all my old bills for all my phone lines. Can anyone
Take a look at the form 8913 before you get too excited. I> > tell me which of the federal taxes are to be included in the > > refund? My carrier is Verizon > > > I have for federal taxes: > > Federal subscriber line charge > > Federal universal service fee > > Federal universal service fee long distance > > Federal excise tax > The federal excise tax is what is being refunded. > The universal service fee is not a tax. It is a fee that the > phone company has to pay. They are allowed to pass it on to > the customer, but are not required to do so. Verizon (and > probably every other carrier) chooses to bill you for it. > They try to make it look like a tax so that you won't > complain. doubt the time to complete the form is worth the small, if any, extra refund above the "standard amount". And if you use the 8913 for any phone you must use it for every phone - separate forms for each phone. The "standard amount" covers all phones. Larry McClellan << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#1
| |||
| |||
| - quote - > I have all my old bills for all my phone lines. Can anyone
The federal excise tax is what is being refunded.> tell me which of the federal taxes are to be included in the > refund? My carrier is Verizon > I have for federal taxes: > Federal subscriber line charge > Federal universal service fee > Federal universal service fee long distance > Federal excise tax The universal service fee is not a tax. It is a fee that the phone company has to pay. They are allowed to pass it on to the customer, but are not required to do so. Verizon (and probably every other carrier) chooses to bill you for it. They try to make it look like a tax so that you won't complain. Bob Sandler << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| | |||
| |||
| stanmancini[at]yahoo.com wrote: - quote - > I have all my old bills for all my phone lines. Can anyone
The 3% federal excise tax on long distance charges. Why not> tell me which of the federal taxes are to be included in the > refund? My carrier is Verizon > I have for federal taxes: > Federal subscriber line charge > Federal universal service fee > Federal universal service fee long distance > Federal excise tax just take the IRS safe harbor amounts of $30, $40, $50 or $60 based on 1, 2, 3 or 4 or more people on the return? << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
|
#-1
| |||
| |||
| I have all my old bills for all my phone lines. Can anyone tell me which of the federal taxes are to be included in the refund? My carrier is Verizon I have for federal taxes: Federal subscriber line charge Federal universal service fee Federal universal service fee long distance Federal excise tax << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| federal, phone, refund, tax |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Federal Tax Refund - What Category, What Category Group? adamjw82@gmail.com: MS Money 2008 Plus Premium. I'm trying to decide what category/category group to place a Federal Tax Refund in. I see a Category Group under... | Microsoft Money | 2 | 01-27-2008 01:55 AM | |
| Federal LD Tax Refund - S Corp? Jeff Wisnia: How would I handle the one time Federal long distance tax refund for the S-Corporation owned by my wife and me? All income from the corporation is... | Taxes | 1 | 12-29-2006 12:15 AM | |
| Overpay state tax on purpose to get a higher federal refund FredK: My co-worker (no, not me!) is convinced this will work. He is single, makes about $70-$80K, and lives in California and will itemize deductions in... | Taxes | 17 | 12-15-2006 02:05 PM | |
| IRS Took Older Tax Refund - Said Refund Period Expired - Any Recourse? User: Help! The IRS had requested a couple of older tax returns, saying they had not received them (years 2000 and 2001). I had overpaid 2000 by... | Taxes | 3 | 07-01-2005 04:06 PM | |
| Federal Tax Refund in Money 2005 Joe Smith: I'm sure this may be trivial for some people...but which category do you guys records a Federal Tax Refund in Money 2005? For my State income tax... | Microsoft Money | 4 | 05-18-2005 11:48 AM | |
| Thread Tools | |
| Display Modes | |
| |