Go Back   CDN Business Directory > Main Category > Taxes

 
 
Thread Tools Display Modes
  #3  
Old 01-21-2007, 08:57 PM
larry_mc@ix.netcom.com
Guest
 
Posts: n/a
Default Re: Tel excise tax refund

SMF" <smfwdf[at]comcast.net> wrote:

- quote -

> If you have an individual who has a schedule C business, can
> they take the standard refund on the personal return as well
> as the actual 8913 on the schedule C excise tax paid?


NO - Must use actual method for BOTH personal & business
phones. Result is two form 8913 must be prepared, See IRS
instructions and information of irs.gov regarding this
subject. The standard amount of refund covers ALL phones of
the taxpayer and those claimed on the return

Larry McClellan
Attorney

<< ================================================== ===== > << 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  
Old 01-20-2007, 01:03 AM
Paul Thomas, CPA
Guest
 
Posts: n/a
Default Re: Tel excise tax refund

"SMF" <smfwdf[at]comcast.net> wrote
- quote -

> If you have an individual who has a schedule C business, can
> they take the standard refund on the personal return as well
> as the actual 8913 on the schedule C excise tax paid?


My reading of it is no. They would have to go the 8913
route.

--
Paul Thomas, CPA
paulthomascpapc[at]bellsouth.net

<< ================================================== ===== > << 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  
Old 01-20-2007, 01:03 AM
Harlan Lunsford
Guest
 
Posts: n/a
Default Re: Tel excise tax refund

SMF wrote:

- quote -

> If you have an individual who has a schedule C business, can
> they take the standard refund on the personal return as well
> as the actual 8913 on the schedule C excise tax paid?


Assuming he also has a (separate) business phone.

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. > << ================================================== ===== >
 
Old 01-20-2007, 01:03 AM
Herb Smith
Guest
 
Posts: n/a
Default Re: Tel excise tax refund

SMF wrote:

- quote -

> If you have an individual who has a schedule C business, can
> they take the standard refund on the personal return as well
> as the actual 8913 on the schedule C excise tax paid?


Yes, but not for the same phone line.

<< ================================================== ===== > << 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  
Old 01-19-2007, 05:39 AM
SMF
Guest
 
Posts: n/a
Default Tel excise tax refund

If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?

<< ================================================== ===== > << 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
excise, refund, tax, tel
Similar Threads
Thread Forum Replies Last Post
Q: Combined Excise Tax and Expenses
Donald Holman: G'morning all. I had a question about the Combined Excise Tax form that I hope someone here could answer. I just recently started my small...
Taxes 3 10-26-2004 09:00 PM
Local Auto Excise tax question
Lhiannee: I was hoping for some advice on a notice I received today. For the first half of the year, I was living in a town with a local government motor...
Taxes 3 09-06-2004 08:25 PM



Thread Tools
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

All times are GMT. The time now is 12:09 PM.