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Contributed by mm | February 22, 2007 5:48 PM PST
This is probably the easiest $30 (or $40, or $50, or $60) tax refund you can get. Don't miss it!
From MSN Money:
The refund, available this year only, came about after court decisions found the excise tax, first levied in 1898 to fund the Spanish-American War, should no longer apply to telephone service as it's billed today. Taxpayers can claim a refund based on the 3% excise tax they paid on long-distance calls from March 2003 through July 2006.
You can add up all that federal excise tax you paid based on your old phone records, or you can take the easy route by taking a standard refund amount, based on the number of personal exemptions you claim. If you claim one exemption, you can claim a $30 refund; two exemptions, $40; three exemptions, $50; and four exemptions, $60. On Form 1040, you claim the refund on Line 71.
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