Good news, the IRS is paying me money this year (and you as well)
"While it may have only added a dollar or so to the average household’s monthly phone bill, when you multiply this by every home and business with telephone service you can see how this seemingly tiny amount adds up. By the Treasury Department’s own estimate, it could end up refunding as much as $10 million.
The good news is that to receive a refund you don’t have to resurrect all of your phone bills dating back to March 2003. The IRS looked at data provided by phone companies and came up with an average amount of tax paid based on the number of individuals in a household. From this they came up with “standard” refund amounts tied to the number of exemptions you claim on your tax return:
Exemptions Standard Refund
1 ----------------$30
2 ----------------$40
3 ----------------$50
4 ----------------$60
In other words, a family of four will get $60 back. ($60 is the maximum refund.)"
Maybe it is not much but it helps...
1 comment:
This is good news for me - seeing that my family has seen a new arrival this past October! Maybe that will offset the ridiculous cost of giving birth here. Pretty nice for a refund that wasn't expected in the first place. . .
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