Our first sale--woohoo! money--and... taxes?????

OK, we just made our first Bonanza sale. The money is already in our EBay account. (Suck it Amazon!)

Also, we received the taxes. Please, for the love of God, tell me that that amount will be taken back out of our account, and Bonanza handles the sales tax filings.

I have -Infinite^I desire to do sales tax forms for all the states we sell to.

asked about 5 years ago

2 Comments

Atomicdiner says: April 13, 2020

My understanding is that Bonz takes care of it.

TrinketBox says: April 13, 2020

bonz takes care of it…

5 Answers

This is an official Bonanza response.

Congratulations on your first sale, The_Book_Dungeon!!

To answer your question concerning Sales Tax.

Bonanza is considered a Marketplace Facilitator, and is therefore responsible for calculating, collecting, and remitting tax for all sales made to buyers located in specific states. We recommend all sellers consult a tax professional in their state to determine their tax obligations. In this page and throughout our site, Bonanza is not acting as a tax advisor and is not able to provide tax advice, but we do want to keep you updated about recent law changes that impact our site.

Here is information from our Help pages that will explain more,

“Sales Tax & Bonanza”
https://support.bonanza.com/hc/en-us/articles/360029034131-Sales-Tax-Bonanza

If you need additional support please email our support team and they will be glad to assist you further. [email protected]

Thank you and Happy Selling!
Kind Regards
Wanda
Bonanza Support

answered about 5 years ago

Bonanza takes care of it. They will list the tax in the customer invoice that you see, but it doesn’t get transferred to you (Bonanza handles it with the relevant state for you).

answered about 5 years ago

Ok thank you for informing me

answered about 5 years ago

Squawk13
Reputation: 12

Congrats! Looks like you got your answer as well. Best of luck for your future and welcome to Bonanza!

answered about 5 years ago

One thing you need to pay attention to is the [URL removed] requirements you need to meet in order to clear the bonus. Most of the online casinos make this fairly simple. However, you want to make sure you are doing all you can to have access to the bonuses as fast as possible.

answered almost 4 years ago

jenny88th
Reputation: 32
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