How do I back out sales tax from a total price?
404507
If you know the sales tax percentage, take the total price and divide it by 1.xxx (xxx being the tax percentage in decimal form). This will give the price without the tax.\n\nFor example: Total price is $106.50, sales tax is 6.5%, divide 106.50 by 1.065 = 100.00 (the price before taxes).
763995
No.\n\nI could imagine that some stores woudll use that as a reason to get you in, but in reality the Sales Tax still must be paid. In relaity what they are doing is lowering the price by that 6-8% (or whatever your tax rate is)
236919
I just did exactly the same thing....and I used Turbo-Tax...very easy...they ask all the questions and have explanations to help you out....type in turbo-tax in search ...and there you are....good luck
223305
Yes extra\nstupidity tax
349774
sales tax is not the same as income taxes
563782
You should contact your local (and, in the US, your state) tax authorities.  These are the people who may require sales tax and returns from you.  If you have not done the returns before, they should have no problem with getting you the forms and giving you some help to get them completed, so you can do them right.  Keep notes of the numbers you call, the people you talk to, and the advice they give you, because mistakes might happen, and those notes may help you avoid being penalized for it if they do.
546913
You better talk to a tax person.  If you've filed already, and took the deduction, then you'll have to amend.  But if you went to file and realized your mistake, they can help you back out your money.
827149
the total amount including taxes
485554
Assuming shipping is taxed...\n\nthe 15% discount would be $299.95 * 0.15 = $44.99\n\nSo the price would be $299.95 - 44.99 = $254.96\n\nThen add the $29.90 shipping: 254.96 + 29.90 = $284.86\n\nThen calculate the 7.75% tax (284.86 * .0775 = $22.08) and add it to the total:\n\n284.86 + 22.08 = $306.94\n\n(For the tax, you could also multiply $284.86 by 1.0775 and then you won't have to add it to the total.)
728258
They getcha where they can. Both new and used or second hand items are taxable.\n\nPlaces I know where you might not pay tax is garage sales and e-Bay.
38822
call the company and explain they should not charge you
244090
Request a refund of provincial Value Added Taxes?
298045
I always price a little higher and let them negotiate me down...that way they are getting a "deal" and so am I because that was figured that in to start with.  Don't charge a whole bunch for clothing items - they just don't sell very well unless they are new and still have tags on.  And, the bigger the sale, the more customers, so go in with a couple of other people and do it together.  Sell sodas, homemade cookies, coffee in the morning...let the kids make the profits from those things, etc.  It turns out really good that way.  Sometimes enough to take a vacation on =)
482930
If you are purchasing from an unregistered dealer you need to pay tax.\n\nNow the issue is VAT is introduced in most states so the implication can be worked out. If had purchased from a registered dealer you could have availed a set off.\n\nYou may also work out tax implication versus saving you made by purchasing from UR dealer
253873
Try the Fair Tax.  Eliminate all taxes and enact a sales tax.
529455
Yes, sales tax, but you also may pay a local tax which could amount to like 1/4%, etc.
725392
Yes you can, you can even do both via the Internet by using a members only site.  Depending on the state your in will depend on how much information you need from the retailers that you sell to.  You will have to keep records of their tax numbers for sure but some states require more.  The retail site you will have to worry about sales tax for orders from your state only.  Yes it can be very profitable but you need to check and see how your prices compare to other wholesalers.