If I sell jewellery at home to my friends, do I need to collect tax on price of it?

I sell jewellery, if i sell at home to anybody as friend or friend's friend, do i need to collect tax on it?

Or wat are the rules?

If your state has sales tax, and you are selling inside your state, you probably do. Of course you also have to pay the tax you collect.

Your state tax commission will help you get set up.

They likely have a website with forms you can download.

I would just do a search for YOUR STATE tax commission.

Hope that helps.

KK

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This entry was posted on Sunday, February 22nd, 2009 at 9:52 am and is filed under How to make jewellery. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “If I sell jewellery at home to my friends, do I need to collect tax on price of it?”

  1. Solly Says:
    February 22nd, 2009 at 3:33 pm

    Laws for sales tax vary by state/county/city. Figure out your state/county/city laws, and then you will know. A quick call to a tax-attorney or the state controller's office should clear things up.
    References :

  2. kkmbahome Says:
    February 22nd, 2009 at 4:06 pm

    If your state has sales tax, and you are selling inside your state, you probably do. Of course you also have to pay the tax you collect.

    Your state tax commission will help you get set up.

    They likely have a website with forms you can download.

    I would just do a search for YOUR STATE tax commission.

    Hope that helps.

    KK
    References :

  3. Bistro Says:
    February 22nd, 2009 at 4:48 pm

    Contact your state's Department of Taxation and ask about the "combined sales and use tax." They will have the tax rate for the state and county. They will also have forms for you to send in monthly with the amount of the tax.

    Bistro
    References :