krisinjersey
Senior Member
- Location
- Hackettstown, New Jersey
Hand in my pocket
Hand in my pocket
This is New Jersey. Take raw goods you pay the provider sales tax on and turn it into a product that you sell and collect sales tax on and then give the state their cut. I guess it's 1099 income. My accountant took care of it and all I did was write the check.
Hand in my pocket
Sales tax wasn't paid when the material was originally purchased?
This is New Jersey. Take raw goods you pay the provider sales tax on and turn it into a product that you sell and collect sales tax on and then give the state their cut. I guess it's 1099 income. My accountant took care of it and all I did was write the check.