I know I posted about this several months ago, but now it is official. Here's an article in Forbes - here's the link - Forbes

In brief, if you don't have your phone bills from March 2003 through the end of July, 2006 so you know the exact amount, you can take a "standard" deduction of between $30 to $60, depending on how many dependants you claim on your tax return. (Businesses will probably have to have records, but the IRS may work out a formula for them.)

This tax dates back to the Spanish-American war, in the late 1800s, when telephones were a luxury, and was just never dropped.

By Hol on Sunday, September 3, 2006 - 02:47 pm:

Ginny- I tried printing the article to give to my accountant, and it wouldn't print. Just the ad on the page printed. Do you know why?

By Ginny~moderator on Sunday, September 3, 2006 - 05:17 pm:

Nope. Try highlighting and copying to a blank word processing page, or see if there is something on the IRS website.

By Hol on Monday, September 4, 2006 - 12:03 am:

Thanks, Ginny! That worked.