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How to Calculate Sales Tax

Watch more Buying, Spending, & Shopping Tips videos: http://www.howcast.com/guides/478-Buying-Spending-and-Shopping-Tips Subscribe to Howcast's YouTube Channel - http://howc.st/uLaHRS Learn the proper way to calculate sales tax with these steps. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: http://howc.st/ytmainplaylists Subscribe to Howcast's other YouTube Channels: Howcast Health Channel - http://howc.st/HOE3aY Howcast Video Games Channel - http://howc.st/tYKKrk Howcast Tech Channel - http://howc.st/rx9FwR Howcast Food Channel - http://howc.st/umBoJX Howcast Arts & Recreation Channel - http://howc.st/vmB86i Howcast Sports & Fitness Channel - http://howc.st/vKjUjm Howcast Personal Care & Style Channel - http://howc.st/vbbNt3 Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. Step 1: Determine the purchase amount Determine the purchase amount of the taxable items you will buy. Tip Subtract all coupons and discounts. Step 2: Determine the sales tax percentage Determine the sales tax rate percentage, which will vary state-to-state. Step 3: Turn the percentage into a decimal Turn the percentage into a decimal. Move the decimal place two spaces to the left of the number. For example 12.5 percent would equal .125 and 6 percent would equal .06. Step 4: Multiply the two numbers Multiply the purchase price and the sales tax decimal to calculate the sales tax amount. Tip Use a calculator if needed. Step 5: Add the tax Add the sales tax amount to the purchase price for the total amount due, and enjoy knowing what you paid before the cashier does. Did You Know? As of 2010, the state of California had the United States' highest sales tax rate at 8.25 percent.
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