Quarterly Taxes
I live in NYS and I am being asked to file a quarterly tax for this year as I own a LLC. The problem is the LLC is solely for Amazon and a physical business.
How do I file my quarterly taxes for a online business?
Quarterly Taxes
I live in NYS and I am being asked to file a quarterly tax for this year as I own a LLC. The problem is the LLC is solely for Amazon and a physical business.
How do I file my quarterly taxes for a online business?
2 replies
Seller_Hi7wbO2Kbo6bl
If you are asking about filing a sales tax report then you very likely have to include in your gross all online sales to residents of your state and then later back them out as prepaid, by reason of Marketplace Facilitator.
But that is just a likely scenario and you must find out from your state tax board just what your filing responsibilities are.
If you are asking about income tax, this is really the wrong place to ask. Ask an accountant.
Connor_Amazon
Hi @Seller_J1iIXA3Q5UHpc
Connor from Amazon here, thank you for the post. While I am unable to provide specific tax advice, I have provided several resources below with more information on Amazon tax guidelines.
After review, if your question is still unanswered, I recommend that you create a case to Seller Support with your question and they can engage the Tax department.
Thanks,
Connor