x
Your opinion in 1 minute.
Help us improve by answering 4 quick questions.
Take Survey Now
3.149.214.32
3.149.214.32
Start Thread
Can't find what you're searching for? Start Thread
redcolumbine
‎01-17-2018 03:12 PM

If filing/paying sales tax is my responsibility, what happens to the tax withheld by SquareUp?

I file and pay state sales tax on my total sales (both SquareUp and cash) every quarter.  But SquareUp withholds sales tax on everything sold via SquareUp.  Am I being taxed twice on my SquareUp transactions?  Where does the state sales tax withheld by SquareUp go, if I have to pay it myself again anyway?

Reply
0 Likes
2,134 Views
Message 1 of 3
Report
1 Best Answer
RHatch
Super Seller Alumni
‎01-17-2018 05:56 PM

Best Answer

Square doesn't collect/hold sales tax.  The only thing Square takes from the sale is the fees for credit card processing.

View Best Answer >

Reply
2,516 Views
Message 2 of 3
Report
2 REPLIES 2
RHatch
Super Seller Alumni
‎01-17-2018 05:56 PM

Best Answer

Square doesn't collect/hold sales tax.  The only thing Square takes from the sale is the fees for credit card processing.

Reply
2,517 Views
Message 2 of 3
Report
Blkboy357
‎02-09-2022 08:49 AM

Definitely following. Need to file my business taxes. Is it difficult?

Reply
0 Likes
656 Views
Message 3 of 3
Report
Anonymous
© 2022 Square, Inc.