Not Exactly Free-but $$ BACK!!

[glenn27]

Hey--thought I would let you guys know what I found out--the Federal Govt. has finally repealed the FET (Federal Excise Tax) on your landline telephone bills...and will give a refund....
Seems like this tax was enacted the latter part of last century to help fund the Spanish-American War..... :omg: ..that's been over for awhile!
*********************
Check out Line #71 on your 1040 form--you can claim up to $160.00 with dependants from past phone bills, or if you still have individual bills--from like Feburary '5, you can use that amount.....My tax lady and I were discussing this , and he's right there w/ it.......
I gotta couple other things I'm gonna post--hope someone else can click here!

A little $$ in the the pocket don't hurt... :fing32:

[Mrwiggles2]

Cool, I'm sure to bring that up when I do my taxes. What else are we paying for that we shouldn't be?

[HydroHarold]

The "latter part of the last century" was the '1990's?:D Now that I read your post more carefully I won't wonder why I had to pay a tax for excercising. I was doing as little as I could of that to keep my costs down.

[Dan Lovell]

Hey--thought I would let you guys know what I found out--the Federal Govt. has finally repealed the FET (Federal Excise Tax) on your landline telephone bills...and will give a refund....
Seems like this tax was enacted the latter part of last century to help fund the Spanish-American War..... :omg: ..that's been over for awhile!
*********************
Check out Line #71 on your 1040 form--you can claim up to $160.00 with dependants from past phone bills, or if you still have individual bills--from like Feburary '5, you can use that amount.....My tax lady and I were discussing this , and he's right there w/ it.......
I gotta couple other things I'm gonna post--hope someone else can click here!

A little $$ in the the pocket don't hurt... :fing32:

Who the hell had a phone during the Spanish-American War

[HydroHarold]

"Who the hell had a phone during the Spanish-American War"

Alexander Graham Bell and Mr. Watson?

[Dan Lovell]

"Who the hell had a phone during the Spanish-American War"

Alexander Graham Bell and Mr. Watson?

Where was Sherlock Holmes when all this was going on. LOL

[Mower_Man42]

Thanks for the update, ever little bit helps.

[Jim_WV]

Who the hell had a phone during the Spanish-American War :ROF :ROF Good question Dan :biglaugh:


Hey Glenn, :thanku: for the tip, certainley appreciate the info. :fing32:

[Machiem]

Here's more info, if you want it:

Telephone Tax Refund from IRS (http://www.irs.gov/newsroom/article/0,,id=161506,00.html)

tax refund on snopes (http://www.snopes.com/business/taxes/excise.asp)

It is true, but the max credit is $60 unless you have your old phone bills.

The tax was created 20 years after the invention of the telephone, so there were quite a few of them around.

[glenn27]

Here's more info, if you want it:

Telephone Tax Refund from IRS (http://www.irs.gov/newsroom/article/0,,id=161506,00.html)

tax refund on snopes (http://www.snopes.com/business/taxes/excise.asp)

It is true, but the max credit is $60 unless you have your old phone bills.

The tax was created 20 years after the invention of the telephone, so there were quite a few of them around.
I stand corrected on the amount--my fingers were in
'go' mode--mind in neutral,. again... :fing20:
Tks-Machiem.....