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Posted by Jessica on April 22, 2008, 9:39 pm
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New York requires you to pay sales tax on out of state purchases on your
state tax return.
I always pay the maximum; I expect it is actually a bit unstated for the
purchases I made.
Although I specifically told my accountant to include it when he prepared my
tax return, he didn't; and I didn't notice until now.
I suppose I can pay it when they audit me... does leaving it out make an
audit more likely? (ie., did he do me a favor or screw me?)
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Posted by John Levine on April 22, 2008, 11:55 pm
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>I suppose I can pay it when they audit me... does leaving it out
>make an audit more likely? (ie., did he do me a favor or screw me?)
My accountant told me that it is her understanding that if you put in
zero, they are very likely to come back and ask you to prove it.
I went through my credit card statements the first year to figure out
how much I'd mail ordered from out of state and was surprised to find
that the state's default number was considerably less my actual
amount.
Regards,
John Levine, johnl@iecc.com, Primary Perpetrator of "The Internet for Dummies",
Information Superhighwayman wanna-be, http://www.johnlevine.com, ex-Mayor
"More Wiener schnitzel, please", said Tom, revealingly.
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Posted by Seth on April 23, 2008, 2:47 pm
Please log in for more thread options >>I suppose I can pay it when they audit me... does leaving it out
>>make an audit more likely? (ie., did he do me a favor or screw me?)
>
>My accountant told me that it is her understanding that if you put in
>zero, they are very likely to come back and ask you to prove it.
How are you supposed to prove a negative?
Seth
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Posted by Benjamin Yazersky CPA on April 23, 2008, 12:00 am
Please log in for more thread options > New York requires you to pay sales tax on out of state purchases on your
> state tax return.
>
> I always pay the maximum; I expect it is actually a bit unstated for the
> purchases I made.
>
> Although I specifically told my accountant to include it when he prepared
> my tax return, he didn't; and I didn't notice until now.
>
> I suppose I can pay it when they audit me... does leaving it out make an
> audit more likely? (ie., did he do me a favor or screw me?)
> --
You could file an amended return & put in the use tax.
I don't have any experience with NYS auditing tax returns on this issue.
However, my expectation is that the state could subpeona mail order &
internet sites for their customer lists & then send out assessments.
The tax returns that match the list & report ZERO will likely be assessed
first.
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<<< Benjamin Yazersky, CPA [NJ & NY] >>>
-----> real address on hobokeni or hobokenx <-----
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The information transmitted is intended only for the person or entity to
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<< The foregoing was not intended or written to be used, >>
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Posted by Don Priebe on April 23, 2008, 7:59 am
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>> Although I specifically told my accountant to include it when he prepared
>> my tax return, he didn't; and I didn't notice until now.
> You could file an amended return & put in the use tax.
That option is not available in NY. A NY amended income tax return (IT-150X
or IT-201X) cannot be used to change the sales tax originally reported. You
must file a separate use tax form. (ST-140 to pay more; AU-11 to pay less)
See the instructions on the IT-201X.
IIRC, only about 6% of New Yorkers are reporting sales tax on their returns.
The state is looking at ways to increase this number, but wholesale audits
of 94% of all filers doesn't seem feasible.
--
Don EA in Upstate NY
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<< The foregoing was not intended or written to be used, >>
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<< The Charter and the Guidelines for submitting posts >>
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