How do I know how much I have to file taxes for an online business?
-
I sell things over the internet but I have no employee. I just want to know how much I have to file on my taxes in regards to my sales? I mean, do is there a sales tax charge on my online clients? Or I dont have to file these? Where can I get some information about this? Just any info in regards to online business taxation. thabks
-
Answer:
Sales to people in your state are subject to your state's sales tax and you are required to collect it and render it to the state. Contact your state's tax authorities for more information. Any income generated is taxable as self-employment income at both the Federal and State levels.
Confused at Yahoo! Answers Visit the source
Related Q & A:
- How can I tell how long I've been a member of Yahoo?Best solution by answers.yahoo.com
- How do i check how much ink is left in my printer?Best solution by Yahoo! Answers
- How can I check how much I have downloaded?Best solution by Stack Overflow
- How do I file taxes when I worked in two different states?Best solution by Yahoo! Answers
- Phone purchase online - how could I know if a business is safe?Best solution by buyasafe.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.