Sales tax is a consumption tax. Governments levy it on retail product sales. Also, services may have sales tax.
Typically, sellers collect sales tax. Then they remit it to the government. Rates vary by location significantly.
Furthermore, sales tax is regressive. Lower-income households pay more proportionally. Some items are often exempt.
Common exemptions include groceries. Additionally, prescription drugs are frequently exempt. Clothing exemptions vary by state.
Understanding sales tax helps budgeting. Also, it prevents checkout surprises. Use our calculator below.
A sales tax calculator determines the final price. First, enter the item price. Next, input your local tax rate. Then see tax amount instantly. Finally, view the total cost.
Moreover, it aids financial planning. Also, business owners benefit greatly. Accurate tax collection becomes simple. Consequently, compliance improves significantly. Therefore, use this essential tool today.
Calculate sales tax easily with this simple formula:
Total Price = Item Price + Sales Tax
Input the original price of the item before tax in US dollars.
Provide your local sales tax rate percentage (e.g., 6.5 for 6.5%).
Click the calculate button to process your sales tax information.
Instantly see the tax amount and total price with tax included.
| State | State Tax Rate | Avg. Local Tax | Combined Rate |
|---|---|---|---|
| California | 7.25% | 1.57% | 8.82% |
| Texas | 6.25% | 1.94% | 8.19% |
| New York | 4.00% | 4.52% | 8.52% |
| Florida | 6.00% | 1.05% | 7.05% |
| Illinois | 6.25% | 2.57% | 8.82% |
| Colorado | 2.90% | 4.82% | 7.72% |
| Oregon | 0.00% | 0.00% | 0.00% |
| Tennessee | 7.00% | 2.55% | 9.55% |