Cyber Monday Shoppers Should Remember Sales Tax

December 2, 2013
By

Shoppers taking advantage of online and catalog sales this holiday season are reminded to check if Indiana sales tax was collected with their purchase.

Many online and catalog companies fail to collect Indiana sales tax on Hoosier purchases. In Indiana, consumers making these purchases are expected to pay a “use tax” if no sales tax is collected.

“Use tax is essentially a seven percent tax on any purchases where the regular Indiana sales tax was not collected. If you make a purchase and the online or catalog retailer does not collect Indiana’s seven percent sales tax, you are required by law to pay that same seven percent as a use tax,” noted Indiana Department of Revenue spokesman Bob Dittmer.

“When preparing your 2013 individual tax return at the end of the year, simply total those purchases, take seven percent, and that’s your use tax. This does, of course, require you to either keep records of your online or catalog purchases or to rely upon your retailer to maintain a list for you (and many online retailers do that).”

Last year, 28,853 taxpayers in Indiana reported use tax on their individual tax return, amounting to more than $1.9 million. Each year, more than 3.1 million individual income-tax returns are filed in Indiana.

Indiana has required Hoosiers to pay use tax on their Indiana income tax return since 1969.

For more information about Indiana’s use tax, log on to Indiana Department of Revenue website.

Listen Live

Upcoming Events

May
5
Thu
7:00 am Batesville Community Prayer Brea... @ Big Four Cafe
Batesville Community Prayer Brea... @ Big Four Cafe
May 5 @ 7:00 am – 8:00 am
Please join us as a special guest. The public is also welcomed to attend and may purchase their $8.00 ticket at the door. Chef Adam has selected a delicious buffet breakfast. We will start our day in prayer, enjoying fellowship with community, church leaders, and friends in the Batesville area. Danielle Hountz from Batesville high School will be singing and Reverend Jill K. Campbell of St. Mark Lutheran Church will be the guest speaker. You are also invited to attend the Community Prayer Service, presented by the Batesville Ministerial Association at the Gazebo, located in the Village Green, downtown Batesville at 12:00 noon on Thursday, May 5. This tradition is in its’ 5th year and will be led by various Ministers from the area. Lunch will be provided following the service. RSVP to Andrea Wade, Mayor’s Office, awade@batesvilleindiana.us or (812) 933-6100 by April 29th if you are attending the Prayer Breakfast. Fore more information, please contact Rita Seig, (812) 209-9945 of ritaseig@etczone.comShare this:TweetEmailPrint

View Calendar