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Friday, January 19, 2007

My Periodic Need for a Non-Thematic Post, January 2007 Edition

DEAD PEOPLE

I've seen saxophonist Michael Brecker playing somewhere. Maybe it was backing Joni Mitchell in Philadelphia in 1981, or maybe on one of his solo jazz excursions. He appears in that "Hot Tub" segment of Saturday Night Live I linked to when James Brown died last month. In any case, you've almost certainly have HEARD Michael Brecker, who played with Paul Simon (Still Crazy, among others), Bruce Springsteen (Born to Run), Frank Zappa, and zillions more, including the aforementioned James Brown, and who died of leukemia this week at the age of 57.
***
Art Buchwald, whose wonderfully acerbic column I used to read, was probably best known for not dying when everyone, including himself, thought he would. That and the lawsuit over the Eddie Murphy movie Coming to America.
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I would have said something about the passing of film producer Carlo Ponti, except that I might have accidentally revealed my grand crush in high school (and later) of his wife, and it seemed unseemly, so I won't.

MYTHS
...DEBUNKED

HIV/AIDS attacks

AND NOT A MYTH: (A LITTLE) TAX BREAK

A SPECIAL ONE TIME TAX CREDIT ON YOUR 2006 TAX RETURN

When it comes time to prepare and file your 2006 tax return, make sure you don't overlook the "federal excise tax refund credit." You claim the credit on line 71 of your form 1040. A similar line will be available if you file the short form 1040A.

This is about the federal excise tax that's been charged for long-distance calls on phone bill for years, based on the distance and length of the calls. When phone companies began to offer flat fee phone service, challenges to the excise tax ended up in federal courts. The IRS has now conceded this argument. Phone companies were given notice to stop assessing the federal excise tax as of August 30, 2006.
But the challengers of the old law also demanded restitution. So the IRS has announced that a one-time credit will be available when you file 2006 tax returns. However, the IRS also established limits on how BIG a credit you can get.
If you file your return as a single person with just you as a dependent, you get to claim a $30 credit on line 71 of your 1040.
If you file with a child or a parent as your dependent, you claim $40.
If you file your return as a married couple with no children, you claim $40.
If you file as married with children, you claim $50 if one child, $60 if two or more children.
In all cases, the most you get to claim is $60 - UNLESS you have all your phone bills starting AFTER Feb 28, 2003 through July 31, 2006 - which I certainly don't - then you can add up the ACTUAL TAX AS IT APPEARS ON YOUR BILLS AND CLAIM THAT FOR A CREDIT. If you do that, you'll have to file a special form number 8913 and attach it to your tax return. Individuals using the form 1040EZ will have to attach this form 8913 also.

One final point - this credit is a refundable credit. That means you get this money, no matter how your tax return works out. If you would end up owing the IRS a balance, the refund will reduce that balance you owe. If you end up getting a refund, the credit will be added and you get a bigger refund by that $30 to $60, depending on how many dependents are on your return.

WAR AND PEACE

January 27-29 gathering in Washington, DC, "to remind the new Congress that we elected them to end the war in Iraq and to bring the troops home now."

LIBRARIAN HUMOR, NOT AN OXYMORON

Conan the Librarian
A REAL library's take on Madonna's Ray of Light
***
A Biblical Understanding of Marriage
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Finally, watch Tom the Dog on 1 Vs. 100 (square 81) AGAIN tonight on NBC, at 8 EST.
Carlo Ponti,

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