Did you know....



Did you know that you pay taxes on the item even if you have a coupon for that item.  For example: if you are picking up toothpaste for $1 and used a $1 off coupon making that toothpaste FREE but you will still have to pay the tax on it.

4 comments:

  1. Actually, this depends on the state. When I lived in Texas tax was figured post-coupons while here in Nebraska it is figured pre-coupons :(

    ReplyDelete
  2. Good to know. Thanks Shannon for sharing that with us. Here in Vegas we have to pay the taxes on nonfood items. :)

    ReplyDelete
  3. In NV if you use manufacture cpn you would pay tax on pre-cpn price however if you use store coupon you will pay tax on post-cpn price.
    Sooooo, how lower you tax expense when shopping non-foods items: TARGET - use target debit card (gives you 5% discount on price after all coupons and gift cards before tax) and use your shopping bags - 5c for each one.
    CVS - try to plan transaction in the way you end up paying your pre-tax total with ECB (they are like store cpns).
    WALMART - use coupons that give you overage.

    ReplyDelete
  4. Thank you so much for sharing, I forgot about store coupons. :)

    ReplyDelete