In my business (amazon seller) I buy inventory from lots of different retailers. Some of it ships to Utah and some to Virginia. I pay sales tax on the inventory from both states but since it's being resold I should be able to get the sales tax reimbursed by the states. This is what many other sellers have told me.
Can Turbotax accomplish this? Filing sales and use tax reimbursements for multiple states?
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Sorry, no. TurboTax is only used for income taxes. The sales and use tax refund would be handled through the individual states.
@brickerman wrote:Can Turbotax accomplish this? Filing sales and use tax reimbursements for multiple states?
Sorry, not supported by TurboTax products. However, you should be able to apply for an exemption if you buy goods strictly for resale.
I am sales tax exempt. But most sites I buy from don't have a place for an exempt ID. Do you know any services or CPAs that could do this?
If you do an internet search using the words "accounting services", you should get something useful.
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