turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

oregeano
New Member

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

The value of purchases must be taken before the application of gift cards. Gift cards are only a payment tool.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

4 Replies
MinhT
Expert Alumni

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

The value of purchases must be taken before the application of gift cards. Gift cards are only a payment tool.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
oregeano
New Member

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

Thank you! In case of coupons / vouchers - those are considered item discounts, hence I should consider the discounted price of an item, correct?
MinhT
Expert Alumni

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

Yes, you are correct.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
oregeano
New Member

To pay use tax for Amazon purchases: should I calculate the value of purchase after applying gift cards & pts or before? i.e. $39 vs $14 after applying $25 gift card/pts

Got it, thanks for your help!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies