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Debbie Sharp Loeb, teacher by training but full-time mom to a disabled son, craftsperson, bead artist, great cook, creative homemaker & terrific spotter of cool new products for everything under the sun, presents Hodgepodge: recipes, household hints, stories about children, friends & relatives, cool stuff, music, & much more.
Email: debbie@geraniumfarm.org

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Thursday, December 21, 2006

Special One Time Tax Credit On 2006 Tax Return

Yes, this is true and it comes right from the IRS website!
(Thanks Carol (WOW) for pointing that out.)
"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. This refund will be the most wide-reaching in IRS history - more than 159 million filers may request it."
To read more about it and how to claim it, go to:
http://www.irs.gov/newsroom/article/0,,id=164032,00.html

For what Snopes says about it:
http://www.snopes.com/business/taxes/excise.asp

and another thanks to Dave for passing this along.




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