Are gross sales taken from Income Tax Summary report or Sales Tax Liability report when filling in State Sales Tax Forms Gross Sales Field?

Posted by 20vtguy on March 3, 2009, 10:28 am

Please log in for more thread options

I trying to understand the Gross Sales and Services field (Box 1) on
NY State and Local Annual Sales and Use Tax Return ST-101. I use
Quickbooks and I am not sure if I am supposed to use the figure from
the Gross receipts and sales from the Quickbooks Income Tax Summary
report or the Total figure from the Sales Tax Liability report. The
figures from them
are different. The Total in the Sales Tax Liability are much higher
since the figure also includes reimbursed expenses, which is not
considered income or subject to sales tax The Gross receipts and sales
of the Income Tax Summary in Quickbooks does not include reimbursed
expenses rightfully. I know I don't actually get taxed in the gross
figure, only the taxable sales but want to know if anyone knows what
NYS wants to see
on the sales tax form. I guess the answer would be the same regardless
of what state sales tax form was being used but I happen to be in NY.
I also posed this question in one of tax groups but haven't gotten a
response as of yet.

Thanks in advance,
Adam

Posted by Ron Anderson on March 4, 2009, 10:20 am

Please log in for more thread options

>I trying to understand the Gross Sales and Services field (Box 1) on

> NY State and Local Annual Sales and Use Tax Return ST-101. I use

> Quickbooks and I am not sure if I am supposed to use the figure from

> the Gross receipts and sales from the Quickbooks Income Tax Summary

> report or the Total figure from the Sales Tax Liability report. The

> figures from them

> are different. The Total in the Sales Tax Liability are much higher

> since the figure also includes reimbursed expenses, which is not

> considered income or subject to sales tax The Gross receipts and sales

> of the Income Tax Summary in Quickbooks does not include reimbursed

> expenses rightfully. I know I don't actually get taxed in the gross

> figure, only the taxable sales but want to know if anyone knows what

> NYS wants to see

> on the sales tax form. I guess the answer would be the same regardless

> of what state sales tax form was being used but I happen to be in NY.

> I also posed this question in one of tax groups but haven't gotten a

> response as of yet.

> Thanks in advance,

> Adam

It is all your sales, total revenue. You put the taxable amounts in the
individual county lines.
I sell all over the world and of course only sales in NY are subject to
sales tax.
My gross sales are often far larger than my taxable sales.

--
Ron Anderson A1 Sewing Machine
18 Dingman Rd Sand Lake, NY 12153
http://www.a1sewingmachine.com