If you import from Square, but your item prices in square included the sales tax in the price (instead of adding sales tax as a separate line), how to now add sales tax?
Example: My bag of dog treats in Square was imported as a set item with a cost of $12. This $12 was a flat rate that included sales tax. I did not have Square calculate and add on the taxes. So now Square cannot correctly calculate the taxes I collected (& paid). How can I enter the total tax amounts i collected through Square so I can report accurately and get the proper tax deductions?
041469
4 Replies
ee-ea
Level 15
May 17, 2021 9:09:12 PM
What is the sales tax rate you charge?
olympicvaulter
New Member
May 17, 2021 9:12:11 PM
8.9% (Broken down into state, city, county and transportation)