In pertinent part:
In order to return so much money to so many phone users, Uncle Sam will add lines on all 2006 income tax forms. Individuals with residential services will be able to check a box and receive an arbitrary amount of refund, called the "safe harbor". Phone users accountants and telecommunications professionals across the nation are eagerly waiting for the IRS to announce the exact amount to be refunded under safe harbor. Estimates range between $30 and $50. Yes, every taxpayer in America that has had phone service in the past 41 months will be entitled to the safe harbor amount, no matter how much was actually paid for the FET. Safe harbor is an option for individuals and is not available for businesses, at all.
Full Story: http://www.thedigest.com/articles/191/7.html
Of course, if you spend alot on phone service, you should probably itemize and not take the standard deduction. You can file a form for refund of excise taxes and specify the exact amont.
In order to return so much money to so many phone users, Uncle Sam will add lines on all 2006 income tax forms. Individuals with residential services will be able to check a box and receive an arbitrary amount of refund, called the "safe harbor". Phone users accountants and telecommunications professionals across the nation are eagerly waiting for the IRS to announce the exact amount to be refunded under safe harbor. Estimates range between $30 and $50. Yes, every taxpayer in America that has had phone service in the past 41 months will be entitled to the safe harbor amount, no matter how much was actually paid for the FET. Safe harbor is an option for individuals and is not available for businesses, at all.
Full Story: http://www.thedigest.com/articles/191/7.html
Of course, if you spend alot on phone service, you should probably itemize and not take the standard deduction. You can file a form for refund of excise taxes and specify the exact amont.
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