This Tax Season: Find Long Distance Telephone Tax Refund Facts on IRS.com

San Francisco, CA (PRWeb) February 8, 2007 -- This tax season, Americans will focus on researching tax information on their own time -- updated tax extension dates, new tax deductions and checking tax refund status information can easily be accessed over the Internet. Important tax deduction research, such as updated information on the long distance telephone excise tax refund, may be located in one place, the IRS.com website.

No longer will Americans continue to pay the 3% federal excise tax on long distance telephone services; a tax many citizens barely knew was in existence or for what reason. Taxpayers will receive refunds starting from bills dating back to February 28, 2003 and prior to August 2006. This refund includes payments made on bills for landlines, cell phones and Voice over Internet Protocol. Individual tax payers, Businesses and tax-exempt organizations are eligible for the telephone excise tax refund.

Unlike some other deductions; the process for obtaining the Federal Telephone Excise Tax is straight forward and does not require taxpayers to sort through old telephone bills. Citizens may opt for the standard refund of $30 (granted for one exemption), $40 (for two exemptions), $50 (granted for three exemptions) or $60 (for more than three exemptions); these options do not require documentation. However, some tax payers may receive a higher refund for the exact amount paid--this involves proving amounts paid through old phone bills. Those not required to file a tax return may request a refund by filling out Form 1040EZ-T and individuals along with businesses need to fill out Form 8913 for the exact amount paid. Tax exempt organizations are required to attach Form 990-T.

According to IRS.com representative Robert Hoult, "The facts are out there and IRS.com allows taxpayers to access the necessary information, forms and tips required to understand updated deductions for this tax season." Hoult goes on to explain, "IRS.com is a taxpayer tool connecting Americans to specific IRS deductions and updated tax policies -- we offer all of the necessary information and tax forms so taxpayers aren't required to blindly search the web for crucial tax information." The difference could be a savings of thousands of dollars in deductions.

Tax payers seeking more information can visit tax updates, tips and forms.

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