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Thread: Online shopping tax?

  1. #26
    Super Member nygal's Avatar
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    Jul 2012
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    New York
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    5,648
    They are trying to bleed us dry of any income we can keep in our wallets for our own use! The government and the states get plenty of our money already. They just don't manage it well and that's why they are always looking for more....more ....more.
    When it seems like the world is falling to pieces remember that the pieces are falling into place. We are nearing closer to the End Times.

  2. #27
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    Jul 2012
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    All I know is I nearly had a heart attack when I saw the internet purchases mentioned on my state (IL) income tax form. The paperwork is gonna be a nightmare. Don't quote me, but they want several figures-like the amount purchased that was taxed (in state and out of state) and the amount that wasn't taxed. The strange part is that some other states have charged me tax-that will have to be figured out.

    I have started keeping better records, but now I purchase mostly on line and out of state.

    I was lucky to find a form ST 44 and was instructed to write "amnesty" on the top of the page and that covered all my purchases made from 2004 thru Dec 31, 2010. I followed an income chart and paid $15=good deal. Unfortunately the state didn't know what to do with the form (doesn't that just figure) they called me (nice lady) and I had to explain it to her and further referred them back to the state of IL web site.....does that mean no one else took advantage of the form? That's a shame

    Regardless of the internet purchase thing, IL has raised the state income tax percentages and along with having to claim my purchases I have increased my withholding so I don't get caught owing money....since most states are in a money crunch I'd prolly advise everyone to think about increasing withholding

    Sorry for going on so much about this. I only mentioned all this in case any of your states offer any kind of "amnesty" program and to warn that state income taxes in any state could be on the rise and to handle deductions appropriately. Even if your state doesn't mention internet purchases yet, once a state finds a way to make more revenue-they'll all hop on the bandwagon. Whether I like it or don't like it-I never ever argue with the IRS or state IRS-they are bigger and badder than me

  3. #28
    Super Member Rose Marie's Avatar
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    Aug 2007
    Location
    Clay Springs AZ
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    3,228
    It was on the news again today.
    You will have to keep track of online purchases so you can pay taxes on it. What a hassel, it will really hurt online purchasing.
    They will track you by your credit card purchases. Big brother is watching you.
    It is a law already but has not been enforced.

  4. #29
    Super Member Sheila_H's Avatar
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    Sep 2009
    Location
    Ottawa, Ontario
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    1,000
    Is it only through credit card purchases that they are making you pay taxes? What if for example I buy fabric off of someone on here and pay through Paypal (which is just a bank to bank transfer - I can mark any reason for sending the money even personal), money orders or checks cannot be tracked? I don't see how they can track those methods we just need to get creative on how your getting the money. It's very confusing to me - what about the states that do not have any taxes like NH?

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