As a young
boy I delivered newspapers to the daily subscribers in my neighborhood. I quickly learned that if I failed to deliver
the paper on any given day, that my customers would deduct the day’s cost from
their weekly remittance.
Likewise,
Americans who subscribe to a TV delivery service, be it cable, satellite or
FIOS understand that when their service is disrupted for any significant
portion of time, that they deduct a pro-rated portion of the fee from their monthly
bill to reflect the term of the outage.
So it is
with our federal government. They are
nothing if not fair, understanding, forgiving and customer friendly. Therefore, the government’s revenue
collection arm, the Internal Revenue Service will soon be making available Form
666 – FU , the Federal Services Disruption Reimbursement Form.
Bloggers
such as myself received an advance draft copy of this form in order to help
publicize this tax saving opportunity to our readers.
Long story
short – Uncle Sam wants to make good the loss of service that its valued
customers (i.e. federal taxpayers) suffered during the recent 16 day government
shutdown.
The math is
simple and straight forward. You just:
1. Take your total 2013 tax liability as
reported on your 1040 Form
2. Divide the above by 365 to determine
your daily liability
3. Multiply Line 2 by .17 (or 17%) to
reflect the portion of government services lost each day
4. Multiply Line 3 by 16 to reflect the
total days of the shutdown to determine the rebate that is due to you.
An example
follows. In this hypothetical case, Mr.
Ira B Sheeple owed $10,000 in Federal Income Taxes. That computes to $27 per day. However, Mr. Sheeple was deprived of 17% of
the daily federal services that he was accustomed to receiving – this comes to
$4.66 per day. He was deprived of said
services for a total of 17 days, which means that he is eligible for a $74.52
rebate on his 2013 taxes.
There is one
catch however; the IRS will not be mailing these forms out to all
taxpayers. To receive one you must call
your local IRS office and request a copy Form 666 – FU. If the IRS clerk with whom you speak with feigns ignorance, I suggest that
you call your elected federal representatives as well as the White House and
insist on receiving a copy. I further
recommend that you send a copy the attached example to help expedite the
process.
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"Half the people are stoned and the other half are waiting for the next election.
Half the people are drowned and the other half are swimming in the wrong direction."
- Paul Simon
Half the people are drowned and the other half are swimming in the wrong direction."
- Paul Simon
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