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You're getting a refund on your phone bill

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    You're getting a refund on your phone bill

    US to repeal phone tax, refund billions

    #2
    Re: You're getting a refund on your phone bill

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

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      #3
      Re: You're getting a refund on your phone bill

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        #4
        Re: You're getting a refund on your phone bill

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

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          #5
          Re: You're getting a refund on your phone bill

          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>

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            #6
            Re: You're getting a refund on your phone bill

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

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