2007-02-05 05:49:52 · 5 answers · asked by louise l 2 in Business & Finance ➔ Taxes ➔ United States
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.
http://www.irs.gov/pub/irs-pdf/f1040ezt.pdf
The taxes paid on your other utilities are not deductible
2007-02-05 06:02:10 · answer #1 · answered by Anonymous · 1⤊ 0⤋
If SSI is your only income you have no tax liability and do not need to file.
If you had phone service with long distance any time since 2003, you can file for a refund of the excise taxes billed to your phone line. You can either take a flat amount based on family size ($30 for an individual I believe) or you can add up the amounts actually paid and get a refund for that amount.
None of the other taxes have any tax consequences.
2007-02-05 14:01:17 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 1⤋
You can file a form 1040EZ-T to get the telephone excise tax refund this year. Your utility, phone and cable bills have no effect on taxes, and wouldn't even if you had taxable income.
2007-02-05 15:59:13 · answer #3 · answered by Judy 7 · 0⤊ 1⤋
If social security is the only income you get, you don't even need to do a return. Your income has to be higher than $50k per year to owe anything.
(Your bills are not deductible.)
2007-02-05 13:58:36 · answer #4 · answered by Anonymous · 0⤊ 2⤋
No.
2007-02-05 13:53:44 · answer #5 · answered by stlouiscurt 6 · 0⤊ 1⤋