Tel excise tax refund


S

SMF

If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?
 
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H

Herb Smith

SMF said:
If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?
Yes, but not for the same phone line.
 
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P

Paul Thomas, CPA

SMF said:
If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?
My reading of it is no. They would have to go the 8913
route.
 
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H

Harlan Lunsford

SMF said:
If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?
Assuming he also has a (separate) business phone.

ChEAr$,
Harlan Lunsford, EA n LA
 
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larry_mc

SMF said:
If you have an individual who has a schedule C business, can
they take the standard refund on the personal return as well
as the actual 8913 on the schedule C excise tax paid?
NO - Must use actual method for BOTH personal & business
phones. Result is two form 8913 must be prepared, See IRS
instructions and information of irs.gov regarding this
subject. The standard amount of refund covers ALL phones of
the taxpayer and those claimed on the return

Larry McClellan
Attorney
 
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