Telephone Credit Form 8913

[TAXNJ]

Has anyone filled out this form?

I have clients that want to know if it is worth me to go through their telephone bills to try to find out what the amount would be.

Any suggestions where to look on the bill to see what the "excise tax" is or take the 3% of total bill.

Thanks in advance

[Jiggers]

Telephone Refund

Has anyone filled out this form?

I have clients that want to know if it is worth me to go through their telephone bills to try to find out what the amount would be.

Any suggestions where to look on the bill to see what the "excise tax" is or take the 3% of total bill.

Thanks in advance

I don't think that it is 3% of the total bill. It is the tax on the long distance charges only. And, it is usually not worth the time to do this unless your client is a large corporation with a large amount of long distance fees.

Residences (1040/1040A) won't have enough long distance to make it worth while.

[thomtax]

Another thing to consider

In your post you asked about you going through their bills. Factor in how much you will charge for going through all their bills and then filling out a longer form. Do you think that the long form will give enough additional benefit to offset these additional charges?

LT

[Beth]

Telephone Refund

I think it works out to be about 3% of the long distance bill.