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The bill for repairing a refrigerator is 72.35 the state sales tax is 4 what is the total amount of the bill?
Wiki User
∙ 15y ago
$75.24 $75.24
Wiki User
∙ 15y ago
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Which of the following generates the largest amount of revenue for the state?
sales tax
Can you claim sales tax on your taxes?
Yes, you can claim state and local sales taxes on your return. But in order to do so you must itemize deductions and you must not claim state and local income taxes. You're allowed to claim either state and local income taxes or state and local sales taxes, but not both.If you do claim the sales tax deduction, you can either claim the amount you actually paid (based on receipts) or the amount given to you by the IRS's Sales Tax Deduction Calculator.For a more detailed explanation of the state and local sales tax deduction, please see Deducting State Sales Tax.
What is the sales tax on a new 2008 Chevrolet Impala?
can depend on your state, here its 7% Take the selling price of your new vehicle and times it by the sales tax amount in your state.
Why would i pick State and local income tax deduction?
You generally want to take the higher of your state/local income taxes paid for the year, or the sales tax deduction. Which one of the two is higher is different for each person. The American Jobs Creation Act of 2004 gives taxpayers the option to claim state and local sales taxes instead of state and local income taxes when they itemize deductions. This option is available for the 2004 and 2005 returns only. IRS Publication 600, Optional State Sales Tax Tables, helps taxpayers determine their sales tax deduction amount in lieu of saving their receipts throughout the year. Taxpayers use their income level and number of exemptions to find the sales tax amount for their state. The table instructions explain how to add an amount for local sales taxes if appropriate. Taxpayers also may add to the table amount any sales taxes paid on: * A motor vehicle, but only up to the amount of tax paid at the general sales tax rate; and * An aircraft, boat, home (including mobile or prefabricated), or home building materials, if the tax rate is the same as the general sales tax rate. For example, the State of Washington has a motor vehicle sales tax of 0.3 percent in addition to the state and local sales tax. A Washington state resident who purchased a new car could add the tax paid at the general sales tax rate to the table amount, but not the 0.3 percent motor vehicle sales tax paid.
Do visitors have to pay sales tax in US?
Yes, anything you buy, even with cash you have to pay sales tax. The amount varies depending on the state.
How do you calculate Safe Harbor for sales tax?
Safe Harbor is a method of computing your sales tax based upon your income level. You need to look up the chart number and have the amount of State and Local Sales tax for your area. The Chart Numbers are on the IRS website. Just go to irs.gov and search Sales Tax and it will give you the chart based on what state you live in. Sales Tax is claimable instead of your State Income Tax withholdings amount but you can't claim both of them. It's one or the other.
Sam bought a stereo for a total of 676.24 including state sales tax of 7 percent What was the total amount of sales tax on the stere?
The total tax is $44.24
What is 6.59 plus tax?
where I live in Maryland there is a 6% sales tax. so $6.59 would cost $6.99 just take your percentage sales tax for your state and multiply it by the amount of purchase. then add that number to your amount of purchase
What is sales tax on auto?
Whatever percent of a dollar the sales tax for your state is, multiply that by the sale price for the amount of sales tax owed. example: sales tax = 5 cents on the dollar or .05 the sale price is $10,000.00 .05x10,000=$500.00
What does sales tax pay for?
The use of collected sales taxes varies from state to state. Often, specified portions of sales taxes are dedicated to specific uses, such as education, highways, etc. Usually, the total amount of sales taxes is not dedicated, with some of it going into a states "General Fund" to be applied as the legislature and executive branch determine.
What is the sales tax for Tenn?
The state sales tax rate in Tennessee is 7%. The local sales tax rates can be as high as 2.75%. Therefore currently the maximum sales tax rate is 9.75%. The sales tax amount on $5,000 is $487.50 at 9.75% and $350 at 7%.
Is there an amount after which the sales tax is less than 7 percent in Dade county?
First we need to know Dade county of what state.
