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-   -   Taxable/Non Taxable Sales (https://www.askmehelpdesk.com/showthread.php?t=544644)

  • Jan 16, 2011, 12:45 PM
    GCG1650
    Taxable/Non Taxable Sales
    If my restaurant had a total month of sales equaling $71,000, and 68% of the sales were taxable and 32% of the sales were non taxable how would I calculate the taxable sales and the non txable sales? Please help... Thanks!
  • Jan 16, 2011, 03:23 PM
    AtlantaTaxExpert
    Multiply $71,000 by .66, then apply the sales tax rate to the result.

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