Discussion Archives:TELEPHONE TAX REFUND - MORE THAN ONE PHONE
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Discussion Forum Index --> Tax Questions --> TELEPHONE TAX REFUND - MORE THAN ONE PHONE
14 January 2007 | |
The standard credit for the refund of the telephone excise tax applies to landlines and cell phones. I assume that if one individual taxpayer has both a landline and a cell phone there is only one standard amount, say $30.00. The standard amount is per taxpayer and not per phone. Am I correct?
Thanks! |
January 14, 2007 | |
Correct, but if the total actual expenses for both the landline and cell phones are more than the standard credit, then you should use the actual method. |