Why is the federal excise tax still on my phone bill?

Question

It is still listed on my Nov. phone bill. Even though it's just $1.02, shouldn't it be removed with the new tax law?

Answer 1

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If it is a local-only plan the excise tax still applies. If it is a bundled service or simply a long distance service, you should not be paying the tax. The best link I could find is attached.

Source(s): http://www.irs.gov/newsroom/article/0,,id=161506,0...

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Answer 2

the telephone corporation rep could be attentive to that advice. i could look interior the section for "government expenses & Taxes". in case you do not see "Federal Excise Tax" on your assertion then you definitely weren't charged this tax and would possibly not deduct it out of your earnings tax.

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