You're getting a refund on your phone bill

[sweeps]

US to repeal phone tax, refund billions

[Russell]

Unexpected refunds are always nice but it'd be interesting to see how they calculate the amounts to refund to the customers.

[poundwise]

[getforfree]

So, how do I find out how much extra tax I paid? Do I just contact my phone company or what?

[jeffrey]

Originally Posted by getforfree

So, how do I find out how much extra tax I paid? Do I just contact my phone company or what?

They are still working on a way to do the calculations. You can see the entire <a href="http://www.taxpressrelease.com/irs-long-distance-phone-excise-tax-05252006.html">IRS press release</a> on the subject:

<blockquote><i>Taxpayers will be eligible to file for refunds of all excise tax they have paid on long-distance service billed to them after Feb. 28, 2003. Interest will be paid on these refunds.

Taxpayers will claim this refund on their 2006 tax returns. In order to minimize burden, the IRS expects to announce soon a simplified method that individuals may use.

“So taxpayers won’t have to spend time digging through old telephone bills, we’re designing a straightforward process that taxpayers may use when they file their tax returns next year,” said IRS Commissioner Mark W. Everson. “Claiming a refund will be simple and fair.”</i> </blockquote>

[katwoman]

Now if they would just get rid of the number portability surcharge as well!