Do I need to pay or charge sales taxes when I sell my book? Or do I just pay income tax on the profit?
Posted: 26-08-2010 | Author: admin | Category: United StatesOne Response to “Do I need to pay or charge sales taxes when I sell my book? Or do I just pay income tax on the profit?”
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Of course your required to “Charge Sales Tax” when you “Sell” a Book.” You need to get a Tax Permit from your State. Tell them. the Tax Dept. you will probably only sell about a hundred Dollars worth of books. That way you won’t put any money up front. It you go there Bragging your going to sell thousands of dollars worth of books, they will make you “Deposit” “Hundreds of Dollars with them “Before” you even sell your first book.