Should state sales tax be reported quarterly or annually?
It depends on how much sales tax you collect. If collections average over $500 per month, file monthly. Collections averaging between $15 and $500 per month should be filed quarterly. Monthly collections of less than $15 can be filed annually. Because farmers markets are often seasonal, it is possible that you can file on a monthly or quarterly basis only in the seasons in which you will make sales. The department will assist you in determining your filing frequency when you register to collect the sales tax.
Related Questions
- When should releases that involve petroleum hydrocarbons (oil, gasoline, diesel fuel, etc.) be reported to the LEPC and the State Emergency Response Commission?
- What is a California EDT or WriteOn report? Are my results reported to the State of California automatically?
- Should state sales tax be reported quarterly or annually?
