Telephone excise tax refunds.

• Author: Laffie, Lesli S.
• Position: FROM THE IRS

Businesses and tax-exempt organizations may use a formula to estimate their Federal telephone excise tax refunds. According to IR 2006-179, businesses--including sole proprietors, corporations and partnerships--and exempt organizations must complete Form 8913, Credit for Federal Telephone Excise Tax Paid, to request a refund.

Requirements: Filers may determine the actual amount of refundable long-distance telephone excise taxes paid for the 41 months from March 2003-July 2006, or use a formula to figure their refunds.

Business fliers should attach Form 8913 to their regular 2006 income tax returns; exempt organizations must attach it to Form 990-T, Exempt Organization Business Income Tax Return.

Rather than computing the actual taxes paid, fliers can determine their refunds by comparing a telephone bill with a statement date in April 2006 to a bill...