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well, people who filed like $6500 in taxes shouldnt get as much as the dude who paid $2,000,000 in taxes lol.
might as well give it to charity or add it to like public education, do something good with the money ya know.
well, people who filed like $6500 in taxes shouldnt get as much as the dude who paid $2,000,000 in taxes lol.
might as well give it to charity or add it to like public education, do something good with the money ya know.
is it possible that because so many people only have cell phones and no land line, this tax just doesn't apply to as many people as they expected? i know that's why it didn't apply to me....
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I'm one. I like to fill out the 1040 by using the previous year's form as a guide, and I missed the telephone tax line item which was hidden in the middle of several never-applies-to-me line items. And $30 is a borderline reward for having to go diving back into the tax forms in order to file the amendment.
But as long as you've brought it up, I think I'll stop procrastinating and go fill it out right now. Thanks.
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you're screwed unless you've saved every phone pill you've paid for the last 5 years.
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I'll gladly sacrifice my share of the loot if it will go towards stopping the war or funding health programs for American kids.
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I got mine. I didn't even know of the telephone exice tax but I did my last taxes with some super awesome version of TaxCut and it got everything I could possibly get.
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Turbo Tax took care of for me.
And that $8B isn't going to Soc. Sec, it is going to Bush's war chest.
I didn't claim the excise tax because, at the time I filed, I had never paid a phone bill in my life. Between living at home, living in college housing, and renting from a landlord who rolled everyone's utilities into their rent, I just never had to do it. I think there are plenty of young taxpayers out there who've been working since age 16 or so, but who live in situations where they don't pay the bills for whatever reason.
I suppose I could have claimed the money anyway, but I really don't like the idea of getting caught cheating on my taxes, even if the chances of it seem pretty slim.
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I'd love to take advantage of all that free money but alas, I've never owned a land line in my life.
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I didn't realize so many Consumerist readers lived in a Kibbutz...
@zahava: The credit also applied to cell phones. If you have a cell phone and didn't take the deduction, you might want to fill out that form.
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That $8B will run Bush's war for about two weeks. Literally.
Two weeks? Try a week. We now spend $1b a day on Bush's war.
@DadCooks: Instead of dividing it among everyone who filed, I vote that we split it between the people who cared enough to claim it in the first place.
@witeowl: You can take the $30 worthless standard deduction... while if you had all your tax records for the past 10 years you would likely be getting $500 or more.
So Bzzt... spare me your crappy tax advice.
Well, since they were only refunding taxes paid since Feb 2003, I don't see how 10 years of tax records would have helped. In fact, tax records wouldn't have helped at all, you'd need to have your _phone bills_ to figure out how much tax you've paid. I'm not ashamed to say I don't still have my phone bills from 2003.
One time, at band camp......
@JustAGuy2: Should have been more clear.
99% of people who have old phone bills have them as part of tax records, as ordinary and necessary business expenses.
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@Crazytree:
1) I dunno, but I figure $30-60 is a hell of a lot better than zip, and wouldn't count as \"screwed\" in my book.
2) Where'd the ten years come from? Your previous post (more accurately) said five. In fact, people unhappy with the standard deduction would only need bills going back to Feb 28, 2003. They can't go back further.
3) $500?!? Even using your false ten-year figure, that's $50/year in excise taxes? I don't know about you, but I know that I didn't pay much that much in telephone excise taxes...
4) If any business owners (the only ones likely to have paid more than $10/year) were silly enough to discard phone bills from within the past seven years, they deserve what they (don't) get.
I keep a couple years of phone bills, plus important contract documents. No more. I took the standard deduction, as it just wasn't worth the time to gather all the documents the IRS wanted for such a small refund. I say they just take that 4 billion remaining and pay off some national debt.
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Could I make the claim based on living in my college dorm? After all, a part of my housing fee probably went to this tax.
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Hey IRS, how about just dividing up that 8 billion equally among all the folks who filed returns for 2006. That would clear up their problem and make everyone happy.