I have been able to determine the Federal Excise Tax on my past Sprint, MCI, and Cingular bills but I am not quite sure about my past SBC/ATT bills since they do not use the word Excise on the bill.
Now before anyone tells me to take the standard credit or starts copying and pasting from the IRS website, let me save you the trouble. With the 3 carriers listed above, I am already well above the standard credit (not to mention you cannot claim interest on the standard credit) and have read the IRS's "Telephone Tax Refund Questions and Answers" document thoroughly. I know the time frame allowed, I know that the Excise tax has to apply to Long Distance charges (unless it is a bundled service where the tax is not broken a part for local and long distance). There is a portion of the IRS document that says to look for phrases such as Federal, Federal Excise 3%, Federal Excise @ 3%, Federal Excise Tax, Federal Tax, Fed Excise Tax, and FET.
2007-03-07
09:57:52
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3 answers
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asked by
Scottee25
4