How to Report, File & Pay Sales tax for Resellers & Business Owners. 2021 UPDATE

[@RockstarFlipper]

Does your state do online sales tax filing and payments?

[@tashirose1244]

In NJ yes and you have the option of filing by phone... Thanks for this video.

[@RockstarFlipper]

By phone? thats interesting

[@bonillajuany813]

@@tashirose1244 hi im from Nj as well do you have a CPA that you would recommend that knows about online sales? or you do it your self online.?

[@he9265]

Yes, in florida every tax fillings are online

[@OliviaShearer-y3m]

I watched probably 5 other videos and you were the first that actually made sense and told me how to file when using a third party site. Thank You!

[@RockstarFlipper]

Welcome!!!

[@davidmiller1324]

Hey Casey - Thanks for your videos! A few things to add to this video on sales tax in regards to FLORIDA: 1) Florida is a "destination-based" sales tax state. So collection of sales tax should be at the sales tax rate of the BUYER shipping address, NOT the County where the seller lives. 2) The collection allowance is simply a small percentage of the amount due that you are entitled to receive IF you electronically file AND electronically pay timely. 3) Because effective July 1 eBay is collecting, remitting AND reporting Florida sales tax, the seller SHOULD NOT also report the transactions. But, if a reseller wishes to maintain a valid Resale Certification, they should file a timely “Zero Return” for online transactions for which the platform collects, remits and reports (like eBay does now). Hope this helps!

[@ekaterinastaikidis2556]

I am going to start selling on Etsy. Do this plataforma pay Sales taxes for me ? Do I have to report each month in cero sales taxes? Thanks!

[@YasminHathorn]

I've been watching your sales tax video from 2020 since 2020 every quarter and now will be watching and rewatching this one every quarter. Don't know how I'd file without you!! Thank you

[@RockstarFlipper]

Thanks sooo much!!

[@Millzladiva]

SAMEEEEEEEE

[@OctPSfever]

FL ST is a little confusing, NY ST is also confusing.

[@allthethings7198]

Thanks for the video. You are so right about every state having different requirements. I do sell on eBay and I am a retired state tax auditor. Worked over 38 years performing tax audits. Now I am selling full time on eBay and doing my own state and federal taxes. I actually enjoy the bookkeeping and record keeping probably more than listing.

[@RockstarFlipper]

I like the numbers also, but I HIGHLY recommend people finding someone in their state because every state is different

[@kashifabbasi8904]

Hi, I have still some confusion can you please clarify it for me. Senario: I am Amazon seller with LLC registered in florida. Last quarter i have some sales $3000 suppose including $30 sakes belongs to florida. Rest sales belong to different states like CA, NV & Tx etc. Now i need to submitt my sale tax return. As you know amazon already collect and remit sale tax against my sales but i have to submit my return as well to report my sales. So What should i report in gross sale colum should i go with $ 30 only sales belongs to Florida state or $3000 whole sale of business. Please reply me. Thanks

[@phatMURDA]

Every 3 months its this video for me. Thank you again and again my guy!

[@RockstarFlipper]

Anytime!! LOL happy to help with folks on the quarterlys

[@AleaFrascella]

Thank you so much for this video! You made it so simple to understand. I was beyond confused on filing as I use Etsy as my platform and just simply didn't understand how to fill out the form even if I was owed to pay $0. I called FDOR to try to get clarification and they were very unhelpful and rude

[@SofloSneakers]

Man you got me excited when you said this was going to be for Florida.. just what I was looking for. Thumbs up

[@RockstarFlipper]

Anytime!! thanks for watching

[@YogaconNathaly]

Thank you so much. This is exactly what I need it

[@HLBVthegamer]

Hello, What if a person has more than one business, do they report and file separately with a unique ID for each business or is it okay to file total gross sales of all the businesses together quarterly?

[@RockstarFlipper]

talk to a cpa sorry i can't help with that

[@760FUNKATEER]

Thank you for this video. First year filing my Sales Taxes 👍🏼

[@RockstarFlipper]

You got it bud!! Thanks for watching and taking the time to comment

[@garabitos1]

Your presentation is clear. Thank you

[@NoSauceBoss-sm6zx]

1:40 so basically even though eBay and other platforms collect on our behalf, we still have to report to the Department of Revenue? What happens if we don't? What platform doesn't collect, Shopify? Is it possible to report and pay in one filing quarterly? Please help rockstarflipper.

[@RockstarFlipper]

Correct. MANY states require you to file and report what you sold. Why? because you might be selling on ebay and they collect and pay for you, but you are also selling locally and need to pay that portion yourself

[@NoSauceBoss-sm6zx]

@RockstarFlipper thank you. Much appreciated it.

[@clintmcallister1647]

These videos help me so much every single time. Thanks for doing these!

[@RockstarFlipper]

You got it! thanks Clint

[@AnnieVonHeal]

thx so much -- is anything different if its a car sale ? Florida dealer sold to a florida resident ?

[@RockstarFlipper]

@@AnnieVonHeal yes

[@mylayne2]

Thank you for clearing this up for me. I appreciate all of your informative videos.

[@RockstarFlipper]

Anytime!

[@DiditalAsset]

THANKS THIS WAS SO HELPFUL

[@KrazyDealsFlipper]

Hi Casey are you using quick books is so which one are u using ? Thanks

[@RockstarFlipper]

I am not any longer. I PREVIOUSLY used "simple start" for 10+ years. I am now using "My Reseller Genie" search KZbin for "Rockstarflipper my reseller genie"

[@paolap8769]

hi!! I use UPS for my shipments, and I add the shipping amount (exactly as the UPS total) to the invoice. To calculate the invoice tax should I add the shipping'

[@JenniferYarbrough-k1o]

Thanks for this video!! Do you have to list out of state sales revenue in the exempt category? On the Florida dept of revenue site, it lists examples of exempt revenue, and out of state sales revenue is not one of the examples they provide. It seems strange the state of FL want or require you to report sales revenue from other states?

[@RockstarFlipper]

They don't. It's just from before platforms were collecting and paying it for you

[@enmanueltm]

Thank you very much mate

[@RockstarFlipper]

You got it, anytime!!

[@nosegem-health]

Thanks! for the Updated Sales Tax Video ...

[@RockstarFlipper]

Your welcome!

[@qasimpakoil]

That's very great and informative video. ❤. I want to ask one question, if our total sales on amazon is 6000$ , and amazon is deducting tax , so we have to report all the sales which were in other States and in Florida too. Or we have to extract only Florida sales and report them? I means total sales including Florida is 6000$ , and only florida sales are 1000$, so we have to report total 6000$ or 1000$.

[@RockstarFlipper]

you report the TOTAL amount $6,000. then if $1000 were in florida... you put $5000 exempt and it will show $1,000 taxes owed on. But if amazon already paid the tax for the florida orders which they should have, you would put the entire $6,000 as exempt also because its already been paid

[@qasimpakoil]

@@RockstarFlipper Thank you very much sir for your kind response.

[@PaulDeLeo]

Collection allowance is effectively a discount you get for your time and effort of TIMELY filing and remitting sales tax. It can be found in the instructions or google it The collection allowance is 2.5% (.025) of the first $1,200 of tax due, not to exceed $30 for each reporting location. If you have less than $1,200 in tax due, your collection allowance will be less than $30.

[@RockstarFlipper]

OH nice to know. I heard of that, but had not googled it lol.. now I know I can take a few bucks off

[@RockstarFlipper]

I generally owed previously a few hundred every quarter, but now ebay is handling it

[@OctPSfever]

Some companies forget about $30.

[@MarisolsAdventures]

can you do it semi-annually or annually?

[@RockstarFlipper]

every state is different florida is quarterly

[@jennyshrestha7523]

Thank you! I need to backfile previous periods, can I do it all together or do I have to do it one period at a time? When I go to efile it has few periods, but some takes me to a screen and some are $0 and i wanted to seek your advice

[@Denisee3]

Did you go to a cpa for a final tax return ?

[@tony8356]

Does California require sales tax collection? I’m just flipping as a side hustle and confused about filing taxes

[@RockstarFlipper]

EVERY state except 5 have state sales tax, and YES California is one... As I state in this video most platforms collect and pay for you, but you need to check your states requirements on filing even if you owe $0. If you sell off platform or locally like craigslist and Facebook in cash or PayPal etc you will need to total, collect and pay those sales taxes. Get a CPA

[@reneefein1937]

Hi Casey. For gross sales, is this line for gross sales in your state or for all 50 states? Thanks in advance.

[@RockstarFlipper]

Yes

[@reneefein1937]

Can you please specify which one? Is gross sales asking it for all states or just your own?

[@RockstarFlipper]

@@reneefein1937 all gross sales. All 50. Hence why it has an exempt box

[@reneefein1937]

@@RockstarFlipper thank you! Just want to make sure I’m doing it right.

[@robertwalker8052]

great video, thanks !! I'm in FL also and going to have to pay use tax on some items I'm not going to resell...do I have to add in the county surtax for the use column also ???

[@lauralovetere15]

Very helpful! thank you!

[@chrissheffield5468]

Thank you this video was very helpful.

[@RockstarFlipper]

Very welcome! thanks for watching

[@keto4life649]

I just found out eBay is now paying Florida sales tax. Guess I double paid last quarter. All well. Wish I didn't miss this video in September!

[@RockstarFlipper]

Yup started July 1st.. so Q3 was paid for you

[@mabast007]

Has Florida sales tax gone from quarterly to monthly?

[@RockstarFlipper]

Not that im aware, im actually filing mine tomorrow and it shows quarterly

[@maddiem6835]

If selling retail products we need an actual resellers license or is having a seller permit the same thing?

[@RockstarFlipper]

Theres no such thing as a "reseller license". you can sell just right off the bat, but some states require licenses to run ANY business

[@mayurgandhi5576]

Hello, I am new in Florida....I can file my small restaurant sales tax myself. Everything you explained in this video was perfect. But in my business I have to apply tax credit like any raw food or supplies I am buying or Utilities I am paying to run restaurant. They charge sales taxes. How can I get back that taxes. How can I claim in this form. For example, I have total taxable monthly revenue of $10000....That means I have to pay $700 total including county tax. and I paid $250 to run this business, Utilities and Supplies. So I can claim that or no...! Please explain

[@MarisolsAdventures]

so if sell 4000 on ebay on various states my taxable amount will be sales that were delivered in florida right? Also if i bought items in florida with tax exempt. that would fall under taxable purchases right? thank you

[@RockstarFlipper]

Yes your total gross sale line is ALL $4,000.. and then the taxable amount is what was in florida. However on ebay and other platforms they handle it for you, so those sales are not taxable again, they are apart of exempt amount

[@MarisolsAdventures]

than you. will the gross amount be the total amount sold included tax collected?@@RockstarFlipper

[@SofloSneakers]

Hey I have one follow up question for this video. So let's say I'm purchasing a PS5 from Walmart. I'm already paying sales tax on that as I'm purchasing directly from the retailor. Now let's say that I sell it locally for a $200 profit. Would this count as exempt since I already paid the sales tax myself?

[@RockstarFlipper]

Nope. Every time an item sells its sales taxed unless the buyer is exempt with a certificate

[@donnaeichinger2100]

Don’t I have to add the merchandise I bought for my shop to sell that I didn’t pay taxes on?

[@happyandjoyful7916]

I’m in Florida and thank you so much!!!👏👏👏👏👏😊

[@RockstarFlipper]

VERY WELCOME!! Thanks for checking out the video

[@koncreteprobeats]

Oh wow I didn't pay attention to the eBay update. I paid twice this year already smh.. so what do I do if platforms paid how do I still file?

[@RockstarFlipper]

You file and make the numbers exempt (As in you dont owe it)

[@skyman2968]

Hi Casey I have a question. Do you put the gross total after tax or the gross total before tax. For example if I sold so for $32 and after tax is applied the total is 34.40 do I put $ $32 for gross or the 34.40. and is shipping included in gross. Thank you

[@RockstarFlipper]

Gross total is exactly that.. THE TOTAL GROSS SALES. before anything

[@RockstarFlipper]

The item price + anything you charged for shipping is the GROSS SALE. If you charged the customer sales tax then yes that's apart of it.. if you didn't or the platform didn't then no

[@katkatisattic1654]

Thank you!

[@RockstarFlipper]

Anytime!! thanks KAT

[@MusikaNiRex]

Hi can you also make a video how to fill up florida state tax like sales from ebay. i know i dont hve to pay tax because ebay collects it but im kinda lost how to do it thank you

[@RockstarFlipper]

I have that video yes. Search KZbin or my channel for “Rockstarflipper sales tax”. Also since eBay is paying you just put in your total sales number. Then make it all exempt. $0 taxable (assuming you have no other places you sell on who don’t pay it for you). Then your done

[@dianac.3592]

@@RockstarFlipper So I enter the TOTAL sales. IS there any need to separate the total sales in FL or not?

[@janiegomez7547]

I am stating a online business. I live in and will be shipping from Oregon. Oregon does not have sales tax. If I sale an item to a person in another state do I have to collect a sales tax to send to their state?

[@RockstarFlipper]

Sell* an item..... As far as Oregon not having taxes your fine.. You don't collect from anyone in Oregon, AND other states ebay will collect and pay those

[@ziaurrehmansarwar1474]

Kindly tell about franchise tax florida how we can file that

[@RockstarFlipper]

No idea what your referring to

[@ziaurrehmansarwar1474]

@@RockstarFlipper I am asking about franchise tax also known as privilege tax. Kindly guide about that for florida

[@ivanv-n3152]

Great video!! Does the same thing apply If I purchase goods from a wholesaler in Florida (tax free) and then export them overseas?

[@EdnaGonsales-q2x]

I’m from Florida, most of my sales are out of Florida, Posh collects taxes, does that mean that i do not have to enter anything in the exempt sales. My exempt sales are much higher than the Gross sales. This confuses me.

[@RockstarFlipper]

Your gross sales are your TOTAL SALES. the exempt is the amount of transactions that the platform paid the tax on

[@bonniecoakley6689]

On eBay, how do I find out what the sales were for only my state?

[@RockstarFlipper]

Go to "Orders" -> "Paid and shipped" -> then download to CSV file

[@bonniecoakley6689]

@@RockstarFlipperThanks for your quick reply. Looking forward to seeing you again in Oct.

[@Liveisshort125]

You saved my life

[@layiloneentrprnr6751]

Are you sure eBay pays on our behalf ? thank you so much for this new video

[@RockstarFlipper]

Yes 100%. ALL PLATFORMS are required to

[@jf56msk]

I have to refer back to this video every 3 months. lol

[@MarisolsAdventures]

for gross sales. does it matter if the sales were bought with or without tax exempt? or this is all the sales? thank you!

[@RockstarFlipper]

Gross sales is your TOTAL GROSS SALES. yes

[@biggiebiggz151]

Thanks Casey for the video,does amazon collect taxes for sellers in Florida .also where do you find how how much was collected on your behalf on eBay/amazon website?

[@RockstarFlipper]

Yes they do now. You need to pull your sales reports and download them to CSV files and they have the info

[@megasoma]

Off topic question: So PayPal contacted me saying the IRS info they have on me doesn’t match PayPal’s info. I had to fill out a W-9. Am I now on the IRS radar? (Potentially to get an audit?)

[@RockstarFlipper]

It means they need your info to send you a 1099 most likely. Its PayPal asking for the info not the IRS. you have to give it to them either way.. and at some point you shouldn't be using PayPal for ebay any longer but managed payments

[@megasoma]

@@RockstarFlipper yes this was for last year when I used PayPal for ebay. I guess part of this year I used PayPal before managed payments I don’t remember. The way they explained it, the IRS contacted them. Maybe I misunderstood. I even spoke to a supervisor, but all they can say is my info didn’t match & they can’t give financial advice. So not much clarity.

[@abdulrehmanshahzad5524]

Website name?

[@shapemylife8374]

Perfect Thank you...!

[@offernow507usa9]

Hi can you help to find the FEIN/SSN and Confirmation ID . For the FEIN I GOT MY SOCIAL SN BUT I DONT NOT WHERE TI FIND THE CONFIRMATION ID?

[@RockstarFlipper]

You have that info, noone else should ever have that

[@hatersgotohell627]

I sell only on Ebay and live in CT , do I still have to get a Ct sales tax permit in my state even though ebay remits tax for me?

[@RockstarFlipper]

You have to check your laws. In Florida the answer is yes...even when platforms handle it (just in case we do face to face transactions for example). and if we don't we still have to file/report $0 owed

[@hatersgotohell627]

@@RockstarFlipper shit ok it turns out I do. Problem now is I have three ebay accounts that I created with three LLCs I wonder if I have to get three sales tax permits. When I go to register for a permit it wants only one sole proprietor/llc to list.

[@rahatali159]

Hi, I am selling only on Amazon do I need to file DR15 with nill or show sales and exempt value as same to make it zero? And which report from Amazon I need to download to get the values? Thanks in advance for kind help.

[@RockstarFlipper]

Amazon should be covering it for you.. So the sales is apart of your TOTAL, but it's all exempt for you.

[@yummyveganmeals3921]

hi thank you for this video it was very helpful. can you tell me when i file my sales tax for amazon fba product , do i just show the sales and show exempt on it. and that's about it? I am from georgia.

[@Sneakerbaser]

What if you do not have exempt sales?

[@RockstarFlipper]

It would be $10,000 gross sales. $0 exempt. All $10,000 taxable. And then done. But that’s very rare. Why do you suspect you have ZERO exempt sales?

[@Deestroyer82]

When you sign up a business and don't sign up for e file how do you go back to sign up, I can't find it won't let me, my company still pending do I wait? They had the option when I set it up tho..lol why do they make it so convoluted.

[@andreacalim3882]

Did you have to manually enter that 7.5% sales tax into your eBay account, or did eBay automatically do it for you

[@RockstarFlipper]

Ebay is doing it for us now

[@andreacalim3882]

I wish they were doing that for my state, I have to manually enter that number and I'm not even sure of the number that I put into ebay

[@nirizarry07]

How does this work withJanitorial services since we are not actually selling something?

[@RockstarFlipper]

@@nirizarry07 a service is still a sale.

[@Reaaa]

If I have tax exempt in retail stores such as Walmart Lowe’s and Home Depot do I have to pay that tax on top of Amazon collecting the tax for me?

[@RockstarFlipper]

Buying tax exempt in a store only matters for that.. Tax you pay on the item that you get to NOT pay. When you sell an item on a platform the buyer pays sales tax, its collected and paid for you

[@PeytonlWeaver]

Would “exempt sales” also apply towards providing services to non profit organizations? Or just out of the state of florida? Thanks for this video!!

[@orlandoonline6152]

Great video, good content, basic beginner question, if I open an LLC in FL the next step would be to open an account with the Florida Dept. of revenue, or I could start my first year with some sales without registering there or having a reseller certificate for platforms like eBay, Amazon?

[@RockstarFlipper]

If you open an LLC on sunbiz yes you need a sales tax certificate from the department of revenue also. You dont HAVE to have an LLC and you can operate as a sole prop, but you still need the tax certificate either way. Its free and now the platforms are collecting and paying for you, very little work involved with reporting it. Just do everything above board and get it

[@orlandoonline6152]

@@RockstarFlipper Thank you, God bless you!

[@annasimcik]

What if Michigan doesn’t have a gross sales and exempt sales option? I’m only seeing Gross sales and most of our sales were either out of state or services? Please help! Love the video!

[@RockstarFlipper]

Unfort I don't know how Other states are setup. the 3 states I know are Florida, California, and Maryland. They all 3 have boxes for exempt amounts. Might want to ask someone who has a business and has done it, or ask the Department of revenue directly sorry

[@OctPSfever]

Form 5095 will get you. Gross sales -line 1, your out of state sales-line 5d, net sales-line 6, tax due-line 7

[@joycemusgrave4754]

What if you have no business name but sell part time on eBay ?

[@RockstarFlipper]

Doesn't matter. You're operating as a sole prop (individual) and are still required to collect and pay sales tax. Ask a CPA or someone with experience. If you are selling personal items they are also sales taxable

[@Denisee3]

What do I do if I made no money at all ?!? How would I input that .

[@RockstarFlipper]

Seek out a cpa

[@NoSauceBoss-sm6zx]

Casey, If I never apply for sales tax certificate, am i still required to report to department of revenue?

[@RockstarFlipper]

@@NoSauceBoss-sm6zx yup. They can find you

[@JohnBrown-ws7qx]

Is it okay to give your VA your resale permit and your company documents to open accounts for your, would your VA do something bad with that information.

[@gracemunoz1071]

Great video! I’m in Florida so this was perfect. I know every state is different(and I’m getting a CPA for this this year 😉), but I was curious if you remit to other states you have NEXUS in and if so do you use a company to handle this for you?

[@GhulamAbbas-rh5kl]

Thanks for the video. I sell on amazon and I have made sales of $5000 in the quarter. We know amazon does collect tax for us. So I should put 5000 in Exempt Sales? I would really appreciate it if you can reply to me. Thanks for the video again.

[@tashaprater3242]

How do I get the certificate registration number. I was never sent one. Thanks

[@RockstarFlipper]

For Florida? Department of revenue website

[@erikalounsbery7264]

Also, if we’ve included taxes in pricing, we dont need to pay and sales tqx?

[@RockstarFlipper]

If you charge someone sales tax you have to pay it to the state

[@BlueLotusGhost]

Hi. This video was up to date after Q1 2023, but today its not letting me log in with my business parter number. Anyone know how I can report my revenue?

[@RockstarFlipper]

It worked for us

[@lisabeans1694]

Today I had to use my certificate number AND business partner number which is on the back of your certificate of registration.

[@BlueLotusGhost]

@@RockstarFlipper Thanks, I realized i was clicking on the wrong "sales and use tax" button under the refunds option. I got it working. I dont even want to think how long it would have taken me to figure this out with the tutorial video. Much appreciated

[@brianellis463]

I’m from Florida as well. So if your a Amazon seller from the states that amazon remit for you, basically all you do is put 0 every quarter correct? Also is there a penalty because you keep put 0 when remitting? Even though it’s correct.

[@RockstarFlipper]

No penalty. If the platform paid for you, then you owe $0 and its all exempt for you

[@mardantraders1668]

@@RockstarFlipper I am new on AMAZON FBA, Do I need to remit sales tax? or just file it? I have LLC in Pinellas, Florida.

[@mecuadorm10]

If i purchased from Walmart a few units for Amazon but didn’t list it for sale, do I only fill in the taxable purchase?

[@RockstarFlipper]

Sales tax is on items you SOLD

[@whosthatgirl411]

I'm still as confused as ever! I can't never and I mean, NEVER figured out the whole 4A and 15D. I've watched this way to many times and now I'm more frustrated!

[@RockstarFlipper]

Its honestly not that confusing. If you did $1,000 in taxable sales.. lets say your percentage is 7%. the state gets 6% and the county gets 1%.. so your total amount owed is $70. $70 goes in the TOTAL AMOUNT OWED BOX... and $10 (1%) goes in 15d the surtax amount (county amount). thats it...

[@latoyajames72]

Hi... if there is no expempt sales.... would the gross sales and taxable amount be the same number ???? If so... then multiple that by my 7 percent,... THATS MY TAX DUE.

[@latoyajames72]

I just want to make sure that #1 & #3 would be the same number is there was no #2

[@RockstarFlipper]

Correct mulitple by. .07

[@KevinFlores-yo3me]

What to do with estimated sales tax? There's like 60% of chosen method.. what???

[@RockstarFlipper]

Estimated federal sales tax?

[@KevinFlores-yo3me]

I'm confused abt this. Is this a monthly thing or one-time thing? This est sales tax.

[@KevinFlores-yo3me]

Items #8 & #9 in the sales tax form

[@Jahstar_74]

Can you please help me. I filed but i didnt pay. Meaning i submitted the filing but came back a few days to pay but i cant figure out how to pay it because im not finding the file or the amount

[@OctPSfever]

Go back again and click to amend. Then file and pay same time. FL portal is confusing if you are not familiar with it esp if you use Certificate # to login. You dont get full view of your account. FL portal needs some update to be more user friendly or give full option.

[@zoblod1]

I followed everything and I got this error. and its getting me crazy. - "Line 5: The total amount of tax due is less than the minimum sales tax plus discretionary surtax due from Line 15(d)."

[@RockstarFlipper]

Its because the total should be your 6.5% or 7% whatever county you're in... and the 15d is the 1% or 1.5% whatever your county part is.... (state is 6%)

[@alexluis9734]

Hi Casey I'm new to reselling. This is my first year of it. And have made close to 28,000. I was wondering how do you find out how much did you sell in your home state. Like you I live in Florida. Is there a way on eBay to find out how much so stay by state. Also can you pay every quarter or yearly. Any advice would be greatly appreciated thank you.

[@RockstarFlipper]

You can download the sales report under "paid and shipped" to a CSV and gives all the customers info.. including state. STATE SALES TAX in florida is quarterly for most of us. Ebay collects and pays for you, HOWEVER you still have to report it, even if its $0 owed. FEDERAL TAX is the same for all states, if you owe $1,000 or more you file quarterly estimated. If not you can file federal once a year. GET A CPA ASAP**** I am not a cps and cannot give legal advice

[@DahviorBoutique]

great video! easy to understand but what happens if you collected tax from another county? 15 c states the following 'Line 15(d), Total Amount of Discretionary Sales Surtax Collected Enter the total amount of discretionary sales surtax collected and/or owed on Line 15(d). Discretionary sales surtax collected must be included in Column 4. Do not include state sales tax in this amount. Discretionary Sales Surtax Rates (DR-15DSS) DOES THIS MEAN: you punt what is your % of surtax plus the other ones collected? Reason I asked is because I have collected from other counties and also for my same county? ANY FEEDBACK ON THIS?

[@deneyrodriguez3974]

Did you find the answer to this?

[@reneefein4311]

Hey Casey! Great video as always. So happy Florida finally caught up and the platforms will finally be submitting on our behalf. Does this apply to all platforms? And what if we have a Shopify site, we still must submit those taxes though, correct? Thanks in advance! 🙂

[@RockstarFlipper]

Shopify is collecting but it comes to you.. so yes you would need to report and pay that amount

[@reneefein4311]

Thanks Casey! One more question. Bear with me, as I’m still a newbie. Are we required to pay our federal taxes quarterly too? I was under the assumption that our sales taxes (in Fl) were due quarterly, but our federal were only due annually. Is that incorrect info? If so, can you please direct me where to go to file and pay these?

[@RockstarFlipper]

@@reneefein4311 federal taxes are yearly unless your business expects to owe $1,000 or more. $250 per quarter which is easy to hit. Then you have to pay quarterly. Get a cpa. ASAP

[@reneefein4311]

Got it! Thanks so much! 🙂

[@soccerprophet2626]

Hi

[@romydial]

As a local business your explanation is hard to understand

[@RockstarFlipper]

There's a more recent video, but honestly it's very easy if I was sitting next to you to understand.

[@lecnamyar2716]

Trash

[@PawsitivelyMia]

Thank you!!

[@RockstarFlipper]

You're welcome thanks for watching!