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Sheesh this is getting expensive!!
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<blockquote data-quote="TDRandall" data-source="post: 1779078" data-attributes="member: 4808"><p>--Just look on your tax form.</p><p></p><p>Definitely true for Kentucky.  I found out exactly what "use tax" was when I had to go back and refile several prior years.  Fortunately the return in tax due to the reduction in my income for charitable giving (which was the original reason I went back to refile) more than made up for it.</p><p></p><p>Seems like most people around here either don't realize what it's for (or choose to ignore it), or don't bother themselves with reporting it.  Then most of those that do only concern themselves about the big things like cars, etc.  But it is supposed to apply to everything.</p><p></p><p>--You are also supposed to pay sales tax on stuff that you have bought out of </p><p>--state when travelling.</p><p></p><p>Well, for us it's the difference between that state's tax rate and your state's if the other state is less.  e.g. if you go to a state that has 4% rate but live in a state with 6%, then you're supposed to pay the 2% in difference.  Of course, the "state" of the internet is 0%, so you're supposed to do all.</p><p></p><p>I was "lucky" that my electronic register tracks everything so that I could pretty safely say which things were internet and which weren't.  Of course most were books - anything amazon or alldirect, books-a-million over roughly $25, paypal, etc.  It added up quickly!</p><p></p><p>(NOTE: I am not a tax official and researched this only for myself and individual taxes in Kentucky.  Your state and situation may, and most likely does, vary.)</p></blockquote><p></p>
[QUOTE="TDRandall, post: 1779078, member: 4808"] --Just look on your tax form. Definitely true for Kentucky. I found out exactly what "use tax" was when I had to go back and refile several prior years. Fortunately the return in tax due to the reduction in my income for charitable giving (which was the original reason I went back to refile) more than made up for it. Seems like most people around here either don't realize what it's for (or choose to ignore it), or don't bother themselves with reporting it. Then most of those that do only concern themselves about the big things like cars, etc. But it is supposed to apply to everything. --You are also supposed to pay sales tax on stuff that you have bought out of --state when travelling. Well, for us it's the difference between that state's tax rate and your state's if the other state is less. e.g. if you go to a state that has 4% rate but live in a state with 6%, then you're supposed to pay the 2% in difference. Of course, the "state" of the internet is 0%, so you're supposed to do all. I was "lucky" that my electronic register tracks everything so that I could pretty safely say which things were internet and which weren't. Of course most were books - anything amazon or alldirect, books-a-million over roughly $25, paypal, etc. It added up quickly! (NOTE: I am not a tax official and researched this only for myself and individual taxes in Kentucky. Your state and situation may, and most likely does, vary.) [/QUOTE]
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Sheesh this is getting expensive!!
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