What is a reverse sales tax calculator?
A reverse sales tax calculator allows you to know the original price of an item given the sales tax % and the final price. This is very helpful if you are claiming itemized deduction while filing your tax return or receive monetary credits for any sales tax which they’ve overpaid. Since , most of the state and local governments collect sales tax on the products sold in that state, the reverse sales tax calculator will help you in finding how much they had paid for.
Prashant Thakur Changed status to publish February 13, 2020