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Old 01-04-2007, 04:22 PM
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Telephone tax refund/FYI

Telephone Excise Tax Refund

The Telephone Excise Tax Refund (TETR) is a one-time payment available on your 2006 federal income tax return. It is designed to refund previously collected long distance telephone taxes. Individuals, businesses and tax-exempt organizations are eligible to request it.

Taxpayers have a choice: a standard refund amount between $30 and $60, based on the total number of exemptions claimed on their 2006 tax return, to eliminate the need to locate old phone bills; or they can locate those bills and use the actual amount.

Telephone Excise Tax Refund
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Old 01-04-2007, 08:08 PM
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I just filed my taxes today and she told me about that!! I don't have a home phone just a cell phone so it doesn't apply to me
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Old 01-05-2007, 07:21 AM
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Wow..you didn't let any grass grow on filing the taxes...LOL. I don't file until April because I usually have to pay so I wait as long as I can to give Uncle Sugar his cut.
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"Over the last fifteen months, we’ve traveled to every corner of the United States. I’ve now been in 57 states..."
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Old 01-05-2007, 07:25 AM
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Me too Army........always paying, never getting a refund. I printed this for my tax accountant; you would hope they would know about it, but better to be safe than sorry!
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Old 01-05-2007, 08:25 AM
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That is the golen rule of taxes....if you get money back-file as soon as possible, if you owe taxes-wait until April 15th to send it in.
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Old 01-05-2007, 08:28 AM
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That is the golen rule of taxes....if you get money back-file as soon as possible, if you owe taxes-wait until April 15th to send it in.
Yup..and if you are getting a large refund that means you loaned Uncle Sugar a chunk of money during the year and you need to adjust your W-4.
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"Over the last fifteen months, we’ve traveled to every corner of the United States. I’ve now been in 57 states..."
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Old 01-05-2007, 08:30 AM
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I usually get some back from federal, mainly because of the mortgage interest deduction, and break even with the state.
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Old 01-05-2007, 10:18 AM
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Originally Posted by Army_of_One View Post
Wow..you didn't let any grass grow on filing the taxes...LOL. I don't file until April because I usually have to pay so I wait as long as I can to give Uncle Sugar his cut.
Sounds like you are making too much money, Army! We better write our congressman to get your salary reduced, so he can increase his!! :green:
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Old 01-05-2007, 10:31 AM
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Originally Posted by Made in the USA View Post
Sounds like you are making too much money, Army! We better write our congressman to get your salary reduced, so he can increase his!! :green:
Maybe he owns too much oil company stock and those huge profits that they have is increasing his tax burden.
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Old 01-05-2007, 10:33 AM
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Originally Posted by Made in the USA View Post
Sounds like you are making too much money, Army! We better write our congressman to get your salary reduced, so he can increase his!! :green:
There is no such thing as making too much money and believe me...I'm not even CLOSE to that category. I make enough to eat and pay the bills. I don't have any kids (fixing that) and don't own a house (will not ever buy one in Dodge....) so I don't have a lot of deductions.
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LIBERALISM
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"Over the last fifteen months, we’ve traveled to every corner of the United States. I’ve now been in 57 states..."
Barack Obama
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