I purchased a lot of equipment from newegg.com this year, an online only retailer. They don't charge sales tax at the point of sale, and I live in Ohio, does this mean I declare these on my state taxes?
You'll need to sign in or create an account to connect with an expert.
Yes. Anytime you, as an Ohio resident, buy something at retail, you are required to pay use (sales) tax. When the vendor fails to collect it; you are responsible for remitting it to the state. To simplify the process, you may wait until after the year ends and include the sales tax on all your untaxed purchases as part of your income tax return (line 12 of form IT 1040). This question is part of the TurboTax interview.
This is not just an Ohio thing. Almost every state has a similar procedure.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
nshakur
New Member
saginovad
New Member
maylh
New Member
b76413d54c42
New Member
ja0000h
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.