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Do you declare them on your State taxes
bpost
Member Posts: 32,669 ✭✭✭✭
Internet purchases? Do you pay the sales taxes on your internet buying? If you live in a 7% state and buy a $1,000 gun most states want you to send them $70 at tax time.
It is not hard to get to $10,000 in online purchases in a year.....
It is not hard to get to $10,000 in online purchases in a year.....
Comments
I also pay taxes on Internet firearm purchases has been mandated upon all FFL holders in this state.
Brad Steele
Margaret Thatcher
"There are three kinds of lies: lies, damned lies and statistics."
Mark Twain
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
Brad Steele
So my response to the question is no.
State SALES tax is different than INCOME tax.
quote:Originally posted by Wrangler
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
Even fewer people file a state income tax return in states that don't have a state income tax.
I live in Texas. We don't have a state income tax. [:D]
Live in Oregon and we don't have sales tax.
quote:Originally posted by Wrangler
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
The question was do you declare sales tax (or use tax) on internet purchases on your state taxes. If the state has no income tax there is nothing to file ergo it is relevant to point out that states with no income tax have nothing to file.
quote:Originally posted by Don McManus
quote:Originally posted by Wrangler
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
Even fewer people file a state income tax return in states that don't have a state income tax.
We do not have a state income tax. We are, however, supposed to file and pay our state sales tax on items purchases out of state.
It is almost never collected by companies that do not have a physical presence in the state, but is still required. All transfers through FFLs are taxed because that state can pull their license if they don't comply.
This is why states are lobbying Congess to pass legislation requiring all sellers to collect taxes on Internet sales.
Brad Steele
[:p]
quote:Originally posted by cce1302
quote:Originally posted by Don McManus
quote:Originally posted by Wrangler
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
Even fewer people file a state income tax return in states that don't have a state income tax.
We do not have a state income tax. We are, however, supposed to file and pay our state sales tax on items purchases out of state.
It is almost never collected by companies that do not have a physical presence in the state, but is still required. All transfers through FFLs are taxed because that state can pull their license if they don't comply.
This is why states are lobbying Congess to pass legislation requiring all sellers to collect taxes on Internet sales.
The Fair Tax will solve that problem. by making one flat rate. There are currently 15000 taxing entities in the US. Attempting to make the seller calculate collect and report use tax is onerous and will not likely happen.
quote:Originally posted by cce1302
quote:Originally posted by Don McManus
quote:Originally posted by Wrangler
I live in Texas. We don't have a state income tax. [:D]
This is about state sales tax. Very few people purchase their income on the interwebs.
Even fewer people file a state income tax return in states that don't have a state income tax.
We do not have a state income tax. We are, however, supposed to file and pay our state sales tax on items purchases out of state.
It is almost never collected by companies that do not have a physical presence in the state, but is still required. All transfers through FFLs are taxed because that state can pull their license if they don't comply.
This is why states are lobbying Congess to pass legislation requiring all sellers to collect taxes on Internet sales.
It's the same in Florida minus the FFL provision.
Even though we file no state income tax, we are supposed to remit any sales tax due to the DOR in Tallahassee.
What is this "Internet" thing of which you speak?
[:p]
that was that thing Al Gore invented wasn't it? I've often wondered how he made out on it.
if that was his baby then its his responsibility to pay the taxes associated with it isn't it?
plus if you sell about as much as you spend there, wouldn't that make us even steven?[:p]
If you make a mail or internet order from an entity that maintains a retail presence in your state, even though you are actually ordering from out of state, you have to pay sales tax.
For example, when I order from Sportsman's Guide, which has one location, in Minnesota, I don't pay tax. But, if I order something from Northern Tool, I do pay tax, because that business has retail locations in Texas.
Technically speaking, and mateo can correct me if I am wrong, a Texas resident is required to pay a "use tax" on things that he buys out-of-state, mail order, or on the internet. I don't think anyone does it, and it is mostly unenforceable. It is enforceable on motor vehicles, because they have to be registered, but probably not on much else.
I file a Sales Tax Return once a quarter. There is a line on it to report value of items that I took from inventory for personal use, and to pay tax on those items. If I remove an item from inventory for my personal use, I don't report it on that line, but I write a receipt for it, showing the tax, and pay that tax when I file my return.