More Information on the Telephone Tax Refund

Back in May, the IRS announced that individuals, businesses and tax-exempt organizations who paid the long-distance telephone excise tax after February 28, 2003 can receive a refund on their 2006 federal income tax returns.

Businesses (yes, sole proprietorships are included) and Tax Exempt Organizations now have an easier way to figure their long distance tax amounts. Rather than gathering and going through over 3 years of telephone bills, the IRS has decided to allow businesses and tax exempt organizations to estimate their refund amount.

Businesses & tax exempts can find the formula to use, as well as complete details regarding the refund here:
Telephone Tax Refund: Q&A for Businesses & Tax Exempts

In case there are individuals reading who do not own a business, you can find more information here for your refund:
Individual Telephone Tax Refund Information