Set Up and Manage Sales Tax on Nourysh
Nourysh’s sales tax feature is available to U.S.-based artisans*, allowing you to collect applicable taxes on customer purchases directly within the platform. Note that this guide is not tax advice , consult a tax professional before making pricing or tax decisions.
Steps to Set Up Sales Tax on Nourysh
- From your navigation panel, select Settings.
- Select Payments within the Settings menu.
- Access Sales Tax Settings: On the Payments page, find the Settings tab next to Payouts.
- Enter Tax Rate: Scroll down to the tax section, where you can set a specific tax percentage. This percentage will be applied at checkout.
Important Notes on Sales Tax
- Tax rates depend on your state and local jurisdiction, as well as the types of items you sell. Research your area’s requirements to ensure compliance.
- Sales tax collected is included in your regular payout, so it’s important to track collected taxes for year-end reporting.
- Annual Tax Form: You will receive a 1099 form showing your earnings and taxes collected.
By following these steps, you can effectively manage your sales tax collection on Nourysh and stay organized for tax season.
*Nourysh is currently only available to artisans and sellers in the United States. Please keep an eye out for expansion into other countries in the future!