i dont get this, if i buy some thing to amazon, amazon charged me with sales tax? why as a seller on amazon need to pay sales tax if amazon charge every transaction with sales tax?
Could you make one for Texas? I resell collectibles online and usually ship to different states. I’m not sure if I need a permit and how to go about sales tax once a price has been decided on the collectible.
So i live in illinois, and right now have only sold on ebay. Ebay has been handling all the sales tax. My problem is im required to report monthly an file the ST1. How do i do that if ebay does the sales tax?!? I called ebay they were no help,they didn't know, just suggested i "screenshot my sales report that shows they took taxs then download it to the st1".... It has me so frustrated, it doesn't give me an option to do that. At this point im just going to get fined or audited. 😭
so I have an E business I sell out of IL if someone in texas makes a purchase? do I pay texas as my site doesn't change? or just Illinois because it's where im located? although products do ship out.
I am in Illinois say I made $1,500 in sales and none of them were sold to Illinois. The sales all were in other states, but selling from Illinois. Do I take the 6.25% and times it by the $1,500? Or since none of the sales were sold in state is it $0?
The Mytax Illinois looks different on my screen than yours. On the PST-2 it asks for my resellers info and retailers it doesn’t allow me to add counties as you’ve shown here. Also Is the local tax rate multiplied, or minus the gross? I am so confused.
@@Vanader I accidentally filled the REG-1 form on my MyTaxIllinois.gov I think it was a mistake, could I have used the reseller permit without filling that form? Or would I still needed too to use the resale permit form
Hey Vanader I recently started a business reselling shoes in Washington and got a license as a sole proprietor. I was wondering do I have to pay sales tax as my sales will be under 100k for the year and I don't own a store or anything just have business under my home address?
I would think that "west side" is "west side Chicago" cus if you called it west side Chicago you'd end up writing your address as west side Chicago Chicago. :)
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Thank you so much for the info in this video, but could you please do an updated one for Illinois? Please!!!!!!!!
Homewood is definitely a city in Illinois...Cook County that's weird that it didn't show up. I live 10 minutes from Homewood.
Agreed. It because I was typing in some characters wrong or had already selected it
As a tax professional this video is GOLD!!! Great Job Even your out here saving business owners lives ❤❤
Thanks for having my back Noemi
Thank you I’ve never heard of taxjar but this will make my life easier
Do you have a guide on how to register use and sales tax for the state of IL?
i dont get this, if i buy some thing to amazon, amazon charged me with sales tax? why as a seller on amazon need to pay sales tax if amazon charge every transaction with sales tax?
Could you make one for Texas? I resell collectibles online and usually ship to different states. I’m not sure if I need a permit and how to go about sales tax once a price has been decided on the collectible.
Only if you are selling more than 200 items a year or 200,000
So i live in illinois, and right now have only sold on ebay. Ebay has been handling all the sales tax. My problem is im required to report monthly an file the ST1. How do i do that if ebay does the sales tax?!? I called ebay they were no help,they didn't know, just suggested i "screenshot my sales report that shows they took taxs then download it to the st1".... It has me so frustrated, it doesn't give me an option to do that. At this point im just going to get fined or audited. 😭
So, If you do not have changing locations within the state, do you still use that st-2? Why didn't you use the schedule A or B?
their are several small and big cities located in cook county...and i live in one
New subscriber! You are the best and Thank You🤩
Thanks for watching!
So you have to do this every month for every state you sell to? Doesn’t Amazon do this for you?
If you’re using TaxJar, don’t they file the returns for you so you don’t have to manually enter all of that data into MyTax?
I catch up manually. Once I get ahead I pay taxjar to auto file for me.
so I have an E business I sell out of IL if someone in texas makes a purchase? do I pay texas as my site doesn't change? or just Illinois because it's where im located? although products do ship out.
Can you please do one for LA? it is so hard.
Your video is extremely helpful, thank you.
New Subscriber. Never heard of taxjar before. But will definitely use.
I am in Illinois say I made $1,500 in sales and none of them were sold to Illinois. The sales all were in other states, but selling from Illinois. Do I take the 6.25% and times it by the $1,500? Or since none of the sales were sold in state is it $0?
The Mytax Illinois looks different on my screen than yours. On the PST-2 it asks for my resellers info and retailers it doesn’t allow me to add counties as you’ve shown here. Also Is the local tax rate multiplied, or minus the gross? I am so confused.
depends on where you have an economic nexus. thats the first step
It would be $0. Since that would be part of your federal return.
What if I didn’t sell anything then what ?
Then you have nothing to worry about!
What if you sell on Amazon? and Amazon takes the taxes
Don’t worry about it. Amazon is supposed to collect and pay it
@@Vanader I accidentally filled the REG-1 form on my MyTaxIllinois.gov I think it was a mistake, could I have used the reseller permit without filling that form? Or would I still needed too to use the resale permit form
Hey Vanader I recently started a business reselling shoes in Washington and got a license as a sole proprietor. I was wondering do I have to pay sales tax as my sales will be under 100k for the year and I don't own a store or anything just have business under my home address?
Only sales tax in your state. And only if you trigger an economic nexus. Look that up to learn more
Thank you very helpful!! 🙏
yay! glad you liked it
Love 06:50 ... oh well! This is how I feel when I'm running into dead ends trying to figure out how to submit something for these states.
Truth haha
My portal doesn't look like yours
I wish I knew more to help
Apparently the state updated their portal like 1 month after this video came out. Fun times. :)
i need help with the same thing , my portal looks diferente
Thanks you for this
I would think that "west side" is "west side Chicago" cus if you called it west side Chicago you'd end up writing your address as west side Chicago Chicago. :)
I hate counties
Thank you!! Haha
Pronounced PAINUH *pana*