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I host cloud storage space online for friends and family. How do I collect and send sales tax for there monthly subscriptions? How do I file this other income?
I am not a registered business. I host an online cloud storage space for friends and family. It isn’t a public business. They do pay me a recurring subscription monthly. Do I need to charge sales tax? If so, where do I send the collected sales tax? Where can I find how much sales tax to charge? Also, how do I report this as other income on my tax return? What information do I need to provide on the tax return about what cloud service I provided to them? Any help is appreciated and if I need a paid plan for an answer I am willing to go that route on turbo tax.
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August 27, 2020
1:00 PM