Originally posted by: Gadzookie
any online stores that dont charge tax ?
newegg is killing me 70 dollars on tax alone ! i live in new jersey
Originally posted by: Concillian
Originally posted by: Gadzookie
any online stores that dont charge tax ?
newegg is killing me 70 dollars on tax alone ! i live in new jersey
Tax is a STATE issue, not a vendor issue. If you buy from a company that doesn't charge you tax you still owe the sales tax to the state.
Originally posted by: Gadzookie
what sucks it that only a few states here get taxxed on online stuff :-(
Originally posted by: Firsttime
we Canadians all feel your taxation pain
Originally posted by: Doomguy
You're going to have to report it on your tax return if you don't pay tax on an online purchase, so you'll be paying tax later rather than now...
Originally posted by: batmanuel
Huh? Last I heard you only got taxed on your INCOME when you fill out a tax return. State sales tax only factors in to your income taxes as a possible deduction from your federal taxes, and even then it isn't worth claiming your state sales tax as a deduction for a lot of people (since you wind up having to trade your standard deductions for itemized deductions, which doesn't work out in your favor unless you own a house or have investments that have resulted in capital losses). Not having to pay sales tax on an online purchase is totally legit at this point, and won't impact your taxes majorly unless you buy something like a car out of state.
Originally posted by: Tiamat
you happen to live in the state that is working hard to tax all online orders :/
Originally posted by: nineball9
Originally posted by: batmanuel
Huh? Last I heard you only got taxed on your INCOME when you fill out a tax return. State sales tax only factors in to your income taxes as a possible deduction from your federal taxes, and even then it isn't worth claiming your state sales tax as a deduction for a lot of people (since you wind up having to trade your standard deductions for itemized deductions, which doesn't work out in your favor unless you own a house or have investments that have resulted in capital losses). Not having to pay sales tax on an online purchase is totally legit at this point, and won't impact your taxes majorly unless you buy something like a car out of state.
It's called "use tax". If you actually live in the state of Washington as indicated by your profile, here's the info for your state.
Originally posted by: batmanuel
The law may be on the books, but it seems pretty unenforceable on minor purchases when you consider that to prove I owed the tax, the state would have to examine the records of every purchase I made online in the off chance they find a few hundred dollars that wasn't taxed properly.
Originally posted by: George Powell
You guys are lucky you don't live in the UK. We get charged 17.5% on just about everything. From shoelaces to cars it all gets charged. Our Petrol (Gas in the US) is even better we get charged duty and then get taxed on that as well.