I am about to open an online store and need help. Am I required charge sales tax? And...?

Ok, so, check it out...

First, you will only have to charge sales tax to the people in your state that buy your stuff.

Second, there are tax tables on-line from your state Department of Taxation, or (as I explain later, they will send them to you).

What you need to do is get a hold of your state Dept of Taxation. The easiest way is to search for it (i.e. Nevada Department of Taxation) on Google to find their website. From there you can get on it and then you will need to apply for a Resale Certificate. This allows you to buy your products (assuming you are buying inventory or raw materials) without paying sales tax AND to collect and submit sales tax to your state. When they send you your New Business packet it will have a tax table in it with every price and subsequent tax amount on it.

Also, just as a sidebar, all you really need to do on your calculator is take the customer's subtotal and multiply it by the tax rate. Using your examples above you would multiply the customer's total of $10.00 by 4.5% (or 0.045) equals 0.45 or 45 cents. So that's their tax! You add that to the 10 bucks, making their total, $10.45. Not too complicated, right? In the second example you have given in which the customer's total is $50.00, the tax ($50 x 0.045) is $2.25...making their total $52.25.

I think that about sums it up...hope that makes it easier!

Good luck with your online store!

You do not need a table. You just multiply the total by the % and divide by 100. For example, if the total is $10 and the tax rate is 4.5% then you multiply 10*4.5/100.

You need to get a tax permit from your state department of revenue. They'll tell you what items you charge tax on, and how much to charge. You'll charge sales tax to any buyers in your state, and then remit the tax to your state dept of revenue.

If the tax rate is 4.5%, to get the amount of tax you'd multiply the total order by .045

Hello i myself not knowing about a online store wouldn't know but can at least try to help.

Below is a site explaning about sales tax in different states as I don't know what state you are in but anyhow hope it helps, you could maybe even ask another online store for help if they don't try another.

Also found sites for you that talk about online store taxes. hope it helps.

Good luck with your store

Yes, you need to charge tax, and send it to the proper taxing authority. Your example does not make any sense at all.

you cannot collect sales tax if you are not registered with that state's sales tax agency, it is not legal

you can probably register with your state's sales tax agency and charge your state sales tax, but not other states, unless you also register with them