Sunday, March 4, 2007

Fill 'er Up!!

"It'll buy you 20 gallons of gas in California," my husband says about the $60 figure we put on line 71 of our Form 1040 this year.

You, too, can boost your refund (or reduce your tax payment!) with this Credit for Federal Telephone Excise Tax Paid. Get your piece of the $10 billion IRS expects to refund in telephone excise taxes.

According to page 60 of the 20006 1040 Instruction Manual, one exemption will get you $30, 2 exemptions will get you $40, 3 exemptions provides $50, and 4 or more exemptions gets you 20 gallons of gas in California.

2 comments:

Matt and Michelle Wolf said...

Thanks for the tip

Stacy said...

Happy Birthday Papa Dave! Will we see a post from your special day?