Question
1). Jamie is single and shops online for household purchases such as televisions and computer equipment for personal use. This year Jamie purchased $12,330 of
1). Jamie is single and shops online for household purchases such as televisions and computer equipment for personal use. This year Jamie purchased $12,330 of items each above $1,000 and $750 of items each below $1,000 from out of state retailers. Jamie sales tax rate area is 8.25% and he paid $3 of sales and use tax to other states. Jamie applies 75% of any refund to next years tax liability. This years Form 540 had the following amounts: Adjusted gross income $187,628 Total tax $ 8,092 Total payments $ 10,113
What is the amount of use tax to be reported on Form 540, line 91?
$750
$1,017
$1,103
$1,029
2). Jamie is single and shops online for household purchases such as televisions and computer equipment for personal use. This year Jamie purchased $12,330 of items each above $1,000 and $750 of items each below $1,000 from out of state retailers. Jamie sales tax rate area is 8.25% and he paid $3 of sales and use tax to other states. Jamie applies 75% of any refund to next years tax liability. This years Form 540 had the following amounts: Adjusted gross income $187,628 Total tax $ 8,092 Total payments $ 10,113
What is the amount of "Overpaid Tax" reported on Form 540, line 97?
$0
$726
$750
$992
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