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Taxed on earnings for $530?

Hi,

 

New to square, so my apologies if this has been answered elsewhere (did a search...no threads found).

 

Am I required to report or pay taxes on a one-time transaction for $530? This is an individual use (non-business) transaction and will be the only Square transaction for the year.  It is for a a non-tangible service.

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Super Seller Alumni

What is your question.   Square doesn't do anything with sales tax on sales, that is your responsablility.  If the service provided requires no sales-tax in your location then you are fine.  This is more of an accountant thing.

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