I am a sole proprietor and own a small business, a jewelry store. One-man operation. For example, I get emails from Amazon about a business account and being sales tax exempt. Also from Comcast Business for my internet bill about being sales tax exempt.
Is it as simple as submitting my business info/TIN to be sales tax exempt? These would be business purchases/business use cases. Any implications with the IRS or law? I reside in TN.
Or is all of this just for non profit companies? I’m not a non profit.
I was lookin on Amazon Prime and see that they have this Amazon Tax Exemption Program. Do small businesses with amazon prime qualify for no taxes on their purchases or?
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Hey everyone, I recently finally applied for a sales tax id after going through a couple accountants and being told different things by different people. Finally with my current CPA and business attorney, they clarified that yes, I am supposed to be collecting sales tax.
Anyway, my question is-
Sometimes I like to order work stuff from amazon, especially if I cant find things other places. I registered for an amazon business account and uploaded my tax exempt certificate. But for whatever reason the selection for work stuff is damn near non existent for window cleaning on amazon buisiness. Is there anyway I can order things from the regular amazon site and still use my tax exempt certificate? If so, how do I do that.
Thanks!
I have a tax exemption as a reseller in MO. If I have how do I manually add back the tax to ONE item in my Amazon cart? 3 items in may cart are tax exempt and one is not.
(I tried contacting Amazon, they told me they would send an email with instructions and they did not.)
I’m 21 & still in school living with my parents and wanted to know if I am able to claim exemption from federal or NY State taxes because I don’t file taxes. I’m still claimed as a dependent because my father still pays for almost everything for me even though I am working. Amazon is the first real job I’ve worked my whole life, the ones prior never amounted to the ~12k yearly income minimum that is required before filing taxes so I just never did and I also believe my father claiming me would mess with it anyways. The reason I want an exemption is because taxes eat up a good percent of my check & I’m not even eligible to get it back at the end of the year because I don’t get a tax return.
I sometimes buy things to flip and shipping supplies on Amazon and I have a business license so those purchases are tax exempt. I also use the same account to buy personal items which are not tax exempt. Ever since I added my business license information Amazon has been taking the sales tax off all my items and I can't figure out how to make the exemption only apply on the correct purchases. Yeah, I'd like to not pay sales tax on anything, but I'd rather follow the tax rules in case I ever get audited.
What's the best way to handle this?
Hi All,
I am new to the reselling business in Canada. I want to know that is there a tax exemption for the resellers? Practically, I am paying taxes when I buy and the buyer who buys from me pays taxes again on the same item. My logical brain is saying that there should be a tax exemption.
Please help me out here.
Thanks
A coworker is trying to convince me to go exempt for the remainder of the year because of peak. I’ve never done it and not sure if there would be any consequences if it’s only for like a month and a half lmao so I was wondering if anyone has ever done it ?
Going exempt that long will increase you tax liabilities when it comes time to file. If you don’t generally get anything back when you file or end up paying it would be a bad idea. If you get a nice return when you file going exempt will just give you your money earlier than filing.
I do it all the time. It’s a numbers game. Never owed anything come tax time.
Wanted to bring home a little more bread for prime week, but Amazon doesn’t let us small brained associates change their information thru the app? It takes you to the ADP dashboard, but any changes are locked out. What happens if I got divorced or had another child? Gotta go through HR or ADP?
I just did it few weeks ago when I got my 5 year bonus and then changed it back last week. 🤷♀️
You can claim exempt.
From the A to Z app click Pay. Then click View Pay Details. Scroll down to the “Tax Withholding” portion of the page. You can then fill out and sign an electronic W4, as well as the form your state uses to alter tax withholding. Fill out the forms, electronically sign them, then submit.
Ordering a monitor from amazon and theres a 20 dollar tax. Why is it there and what is the tax exemption service?
So I am trying to get tax exemptions on my Amazon duo business account and Home Depot and everything else, it says I need to fill out a form 1023 EZ on pay.gov is this the only way that I can become tax exempt? Because I would also not like to pay taxes at Home Depot and the supply houses that I spend thousands at a month.
I’ve got an a EIN, and an official business account in the name of the LLC.
I’m an Electrician.
Go to Amazon.com desktop website not the app. Go to the bottom of the page where it says “your account” click on it and then go to “Amazon tax exemption program” at the bottom tax exemption Them choose “No thanks. Set up tax exemptions with my current account.” Choose the state that ur in then choose the “resale ” option resale Then pick ur organization name and put a random name and address in ur state. Then choose resale as the exemption and put that you have that states business registration number. And just google the format and amount of numbers in ur state business registration is and put that amount as ur states business registration number. Ex:Wyoming business registration number format is 10 numbers so put 10 random numbers. Then sign and wait 15 minutes for the tax exemption to take effect. You should get a email from Amazon confirmation shortly. To check if the tax free exemption is active add something to the cart and check out. If you’ve done everything correctly It should show this tax free . Enjoy ur tax free Amazon shopping experience. (Educational purposes only)
(I know this isnt building a pc content but I was buying a part and this came up) Ordering a monitor from amazon and theres a 20 dollar tax. Why is it there and what is the tax exemption service?
I am based in Nova Scotia, Canada. I recently started Amazon FBA and discovered that I have to pay taxes every time I purchase from a wholesaler, which significantly cuts into my profit margins. As a retailer, I understand that I'm not supposed to pay taxes on products I'm reselling—consumers should be paying those taxes when they buy the product.
Is there a way to get a tax exemption when buying wholesale? Do I need any specific permits, licenses, or documents to qualify for this exemption? Any advice or guidance would be greatly appreciated!
I am buying tis 500 dollar phone and there is a 56 dollar tax which is ridiculous, will they remove the tax if i chat with customer support
That's just over an 11% tax rate, which probably includes a sales tax and whatever else is required in your area. It's hardly Amazon's fault that the tax is required by law.
Unless you have a tax exempt status, such as buying the phone for your non profit charity, no. That tax is required by law. They're not usually interested in committing tax fraud for you.
I want to get my full $500 bonus without it being taxed. How do i do this? I've never done this before
Don’t listen to these people, you can do it but be careful. You can only go exempt on a couple checks before you end up owing taxes when next tax season comes.
To do this you sign into AtoZ, go to resources, click my pay((it’ll take you to the ADP website), click pay and taxes, click tax withholding, click federal((it’s under the word ‘type’)) , check the box that says,”check here if you meet both conditions and you will be exempt”, check the two boxes where it says please agree to the following.”, then save.
That’s all there is to it. They’ll stop taking federal taxes out of your checks. But like I said, it’s not smart to do it on too many checks because then you’ll owe.
Hmm. Unless your name is on this list from last month, you'll have to pay taxes -- just like most of us:
https://www.forbes.com/sites/tommybeer/2021/04/02/more-than-50-major-us-corporations-including-nike-and-fedex-paid-no-federal-taxes-last-year/?sh=765c4c0c21d3