The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/my-new-cpa-wants-me-to-add-up-internet-purchases-31135012.aspx

Subject:  Re: Poll: Tax on internet purchases Date:  2/24/2014  4:36 PM
Author:  PSUEngineer Number:  120204 of 127850

My new CPA wants me to add up internet purchases for the year and pay tax. Previous one didn't . Curious what percent of people do this . Do you pay taxes on your internet shopping?

I assume you are talking about your state's use tax. Here we have the option of either adding up our out-of-state purchases or pay a percentage of our taxable income.

PSU
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us