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How do you figure taxes in Paypal

by JeanetteatBeach
5 replies
I am new here so excuse me if I am posting to the wrong place.
I have done affiliate programs before, but recently posted a sales page for a downloadable info product that has a Paypal button for paying. When I set up the paypal account, it asked me to specify how to handle taxes. I had no idea.
If you have sales in multiple states and international, do you collect taxes? How? What is the process I need to follow.
No one talks about this so maybe it isn't as confusing as I think - but I sure would appreciate any one that can give me guidance on how to handle sales tax for downloadable information products.
Jeanette
#figure #paypal #taxes
  • Profile picture of the author Jose Delgado
    Forget about taxes. Just leave it blank or type in $0.




    .
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    • Profile picture of the author palmdale
      Hi Warriors
      for canada people, is this same or not, put o?
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  • Profile picture of the author imfusa
    I know that the taxes for paypal is 0.039%+0.3 of the
    product.
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    • Profile picture of the author CDarklock
      Originally Posted by imfusa View Post

      I know that the taxes for paypal is 0.039%+0.3 of the product.
      Those aren't taxes. They're fees. That's different.

      If you want to know how much tax you're required to collect on your product, talk to an accountant or tax professional who knows the laws for YOUR state and YOUR business.
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      "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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      • Profile picture of the author imfusa
        Originally Posted by CDarklock View Post

        Those aren't taxes. They're fees. That's different.

        If you want to know how much tax you're required to collect on your product, talk to an accountant or tax professional who knows the laws for YOUR state and YOUR business.
        Oh, yeah, sorry, i usually, mix them up, fees with taxes.
        And yes i agree with CDarklock you should talk to an accountant.
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