Taxes 101: Everything You Need to Know for Your Online Store

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Taxes might be tricky, confusing, and even sometimes scary! But don't worry, in this video, we'll tell you everything you need to know about taxes for your online store with our Taxes 101 guide. We'll cover Sales Tax, Candian Tax, and VAT (Value Added Tax) for all e-commerce needs so that you can have the confidence to run your store smoothly.

Disclaimer: We are not certified tax consultants or CPAs. Always consult with a qualified tax professional for your area.

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Intro 00:00
Sales Tax 00:56
VAT (Value Added Tax) 02:38
Canadian Tax 04:03
Final Advice 06:38
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Printify
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So I just got an email back from Printify customer support as I have been chatting with them. They said that Etsy does indeed collect ALL the sales tax for every sale no matter where they are located. They also confirmed with me that if I am strickly using Etsy or Ebay to sell my POD items on, and Printify and their partners to print the product and ship it as long as the order is getting uploaded from Etsy to Printify that we as the seller will not be charged sales tax unless it is a manual order such as a smaple order. They are saying that as long as we are doing it that way that we do not need any resale ST-3 certificate or sales permit. So as long as they gave me all the correct info we as the seller do not even need to worry about anything related to sales tax at all. Right? As long as we are ONLY USINF ETSY TO SELL ON. But if you have your own website or are selling anywhere else then you would be responsible for collecting and remitting taxes. Printify needs to understand that new POD sellers 99% of the time start this way and therfore you all should make it easy on us and right on top of your tax page have something that says all this. I have wasted 2 weeks of time researching all this sales tax stuff and it finally came down to I dont have to do anything regarging sales taxes until I grow and create my own website or start selling my POD products somewhwere else besides Etsy or Ebay, It really did not have to be this complicated. lol. I hope this helps new sellers that are strickly planning on only selling on Etsy or Ebay and using Printify for fulfillment of the items. Just know that times do change and things can change in the future and so you should always double check with etsy and prinitfy as time goes by. I am not an accountant or anything but this came direct from Printify CS.

brian
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Im from Africa and only selling in the USA using Etsy as my platform. On Etsy I'm paying the taxes and must pay tax for printify as wel.

So my question is, as a non US citizen living outside of the US can i apply for taxes to get a return, because paying taxes to printify, Etsy and then still pay tax in my country on profit made and not getting anything back seems like a lose lose situation.

RiceRice_Baby
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So I'm curious if printify is the one collecting all the taxes then printify would be the ones responsible to pay out those taxes to the proper states, providences or whatever correct? Or are we as the business owner responsible to pay that out? And then how do we know where to send the payments and how much to send? I think I need another video that teaches us exactly what our responsibilities are. This video was great giving the basic breakdown of each country and all that but I'm still confused a bit.

brian
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Okay so everyday I understand this a little bit better but it is still so confusing. So how does it work if we are a sole proprietor But want to be tax exempt from printify taxes? Can we do that being a sole proprietor or do we need to get a LLC or S Corp? And if it is possible what is it that we need to do? I live in New Jersey in the United States and I somewhat understand it's all about where you have Nexus also So if I'm in New Jersey, I plan on only using Etsy for selling right now, but then at the same time you all have different print providers such as monster who is out of Florida so does that give me Nexus in Florida or no? But I really need to know being a sole proprietor how do I apply or get a sales permit or tax exempt certificate or do I need both? We really need a better step-by-step. I understand that there can be thousands of scenarios but there should be a few basic mostly used ones for US sellers at least that you all could maybe do some videos on. It would be really nice if somebody one day could create an Excel spreadsheet that shows okay if you live in this state in the US and you have a sole proprietor or an LLC then you have to do XYZ to be tax-exempt from printify and if you live in this state and you use monster digital that gives you Nexus and you need to fill out XYZ for that state and so on. This is so confusing please help.

brian
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Today I found out I have to register as VAT-EU in the EU because I BUY listings on Etsy. Then I saw I have to pay additional VAT on these fees each month even if Etsy says they dont collect VAT on the fees if I have my VAT-EU number.
It is crazy because in my country I dont have to pay any VAT unless I made 200.000 per year but somehow VAT-EU makes me pay VAT on the fees anyway

FireJach
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I still need to know about the next step about TID and how I get the id number

starmoon
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Does Printify add taxes and VAT to the amount the customer is charged or do they take it out of the profit that the seller has set for each item?

ChristianFaithAndFiction
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Hello. I live in Mexico, correctly registered in the treasury, but I sell only in the USA, how much would be the tax to pay? Thank you

JR-mxcu
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Do you have to fill out tax details before you sell on printify?

jayvonte
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Good day, thank you for the video. As far as I understand, the UK shouldnt need a VAT number unless the business exceeds 85k a in revenue, is it possible to use printify without said VAT number?

danielbakken
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Maybe I missed it in the video, but how do we remit the collected taxes, or does Printify do that? Thank you.

CheriSicard
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I'm baffled about taxes.
what happens if I leave the tax section empty?
can I use printify then?

DavidMartinez-bbtm
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Hello! and what happens with taxes out of these countries? What about Latin America, Australia or Asia as customers of my store?

catamoya
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Thank you for this video and I understand that Printify is not qualified for formal tax advice but I have tried searching the answer to my question but I still can not figure it out.

I am based in the UK with my online store that I want to connect to Printify, but I only want to sell to US customers.

Does anyone know whether I still have to collect sales tax from the customers or are they responsible for the sales tax on each order?

Thanks,

Rahul.

RahulSharma-mokr
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So if I am from Europe and I want to sell to the US, do I need to provide the VAT ID? How do I even get that? Do I need to have a LLC to even have a VAT Number and start selling with printify?

SkMrshall
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Is there a free app that works with Printify that would calculate US sales Taxes?

legendofzeida
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Can a Canadian sell via ETSY in the USA without having a US tax ID?

IlenePR
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I'm in South Africa and want to sell to customers in the US, using a WordPress website, NOT Shopify. How will that work?

IzakNiemann
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what is tax id for individual on store setup - payouts page?

eastsidejapan
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