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| Tax Issues Personal and business taxes. Federal, state and local income taxes, sales taxes, etc. |
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Mar 20th, 2008, 02:08 PM
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#1 |
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Senior Member
Last Online:
May 27th, 2008 06:43 AM Join Date: Mar 2008
Posts: 12
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Question on taxes
Is a warranty that you purchase in the state of TN for an item...such as a washer and dryer for example (from a store) a taxable item??
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Mar 20th, 2008, 09:05 PM
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#2 |
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Posts: n/a
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Re: Question on taxes
Normally, warranty, maintenance, service agreement and insurance charges in connection with taxable sales are also taxable if the vendor requires them to be purchased or they are automatically included in the price of the merchandise. However, if the sale could be completed without paying these charges, they are not taxable.
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