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#7
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| On Mar 4, 10:30*pm, k.did...[at]gmail.com wrote: - quote - > > *<ops...[at]gmail.com> wrote:
while they sat on my money). I just discovered this document, and I've> > > I receved one of these and was just wondering how to claim it. Would > > > it just be like a 1099-Int? > > Yes, is this a trick question? > > I assume the IRS refunded some tax and paid you interest? > I think the question is if this should be treated the same as a 1099- > Int versus a 1099-G or a 1099-R or whatever. *The form I received > simply says 1099 and doesn't specify beyond that. > -- > << ------------------------------------------------------- > > << 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 atwww.asktax.org. * * * * * * * * > > << * * * * Copyright (2007) - All rights reserved. * * * * > > << ------------------------------------------------------- > I received a 1099 for $13.09 bases upon a refund (interest they earned already filed my 07 taxes. If I get audited, I'm goint to just tell them that "I'm sitting on it" and that "I'll gladly pay them interest on the $13" but thell get a 1099 from me". ========================================= MODERATOR'S COMMENT: Please delete unnecessary text from the prior message when responding. -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#6
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| - quote - > <ops...[at]gmail.com> wrote:
I think the question is if this should be treated the same as a 1099-> > I receved one of these and was just wondering how to claim it. Would > > it just be like a 1099-Int? > Yes, is this a trick question? > I assume the IRS refunded some tax and paid you interest? Int versus a 1099-G or a 1099-R or whatever. The form I received simply says 1099 and doesn't specify beyond that. -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#5
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| In article <4e873d64-f1ad-4993-91db-949fa767f6f2[at]d5g2000hsc.googlegroups.com> , <opserc[at]gmail.com> wrote: - quote - > I receved one of these and was just wondering how to claim it. Would > it just be like a 1099-Int? Yes, is this a trick question? I assume the IRS refunded some tax and paid you interest? -- ArtKamlet at a o l dot c o m Columbus OH K2PZH -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#4
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| I receved one of these and was just wondering how to claim it. Would it just be like a 1099-Int? -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#3
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| On Jan 16, 3:51*pm, Harlan Lunsford <hnslunsf...[at]bellsouth.net> wrote: - quote - > Sure they already know it, so the real purpose is to let you know that
If that's the case, why not simply put a line on the tax form to add> they know it! *ifyougetmydrift. the interest to your income above the 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#2
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| Stuart Bronstein wrote: - quote - > wrote:
Sure they already know it, so the real purpose is to let you know that> > I just checked my 2006 tax return and sure enough the crytic 1099 > > form from the IRS was > > exactly the amount calculated as interest for my telephone excise > > tax refund on Form 8913. > It just struck me, but why in the world would they send a 1099? Isn't > the purpose to notify the IRS? Don't they know already? > Or is it just their way of saying "gocha"? I wonder if what they'll > recover in tax on those interest charges will be greater than the costs > of creating and sending all those 1099. they know it! ifyougetmydrift. ChEAr$, Harlan -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#1
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| wrote: - quote - > I just checked my 2006 tax return and sure enough the crytic 1099
It just struck me, but why in the world would they send a 1099? Isn't> form from the IRS was > exactly the amount calculated as interest for my telephone excise > tax refund on Form 8913. the purpose to notify the IRS? Don't they know already? Or is it just their way of saying "gocha"? I wonder if what they'll recover in tax on those interest charges will be greater than the costs of creating and sending all those 1099. 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| On Jan 13, 1:14*pm, "btat3808" <btat9...[at]yahoo.com> wrote: - quote - > If you filed for a phone federal excise tax refund, check your 2006 return
from the IRS was> Form 8913. This is probably the interest compounded on your phone federal > excise tax refund March 2003 thru July 2006. They get you coming and > going. > -- > Message posted usinghttp://www.talkabouttaxes.com/group/misc.taxes.moderated/ > More information athttp://www.talkabouttaxes.com/faq.html > -- > << ------------------------------------------------------- > > << 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 atwww.asktax.org. * * * * * * * * > > << * * * * Copyright (2007) - All rights reserved. * * * * > > << ------------------------------------------------------- > I just checked my 2006 tax return and sure enough the crytic 1099 form exactly the amount calculated as interest for my telephone excise tax refund on Form 8913. -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
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#-1
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| If you filed for a phone federal excise tax refund, check your 2006 return Form 8913. This is probably the interest compounded on your phone federal excise tax refund March 2003 thru July 2006. They get you coming and going. -- Message posted using http://www.talkabouttaxes.com/group/...xes.moderated/ More information at http://www.talkabouttaxes.com/faq.html -- << ------------------------------------------------------- > << 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 (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| 1099, form, income, interest, irs, revised |
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