Q3 sales tax summaryQ3 sales tax summary
You
Prepare the Q3 sales tax summary.
Assistant
The Q3 sales tax filing for Texas and Washington is ready for review.
- Texas: $9,840 due Oct 20.
- Washington: $4,115 due Oct 25.
- No new nexus states this quarter.
You
How were the Texas and Washington amounts computed?
Assistant
Texas is based on $152,000 of taxable sales at 6.5%, minus a $40 vendor discount. Washington is $41,000 of taxable sales at roughly 10% combined.
You
Have these been filed already?
Assistant
Neither state has filed yet. Texas is the nearer due date.
- Texas: due Oct 20, draft ready
- Washington: due Oct 25, draft ready
I can queue both payments for approval.