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Taxes are NOT calculating properlyAsked by TheLifestyleBroker on August 19, 2014 at 08:57 AM
The accommodations tax of 11% is NOT calculating properly on my forms.
Example on a recent submission:
Rent amount $1,330
Should be $146.30
Tax was calculated at $37.95
THIS IS A HUGE PROBLEM. And I have suspected it on my other forms also. Here are the forms that need to be inspected.
The tax calculation was correct. Here's the proof based on your form settings:
Since "$1,330 - Peak: 2 Weeks" from the "________ PEAK - RENT 1-3 WEEKS – PEAK ________ " category is exempted from the tax calculation. Only both $250 USD and $95 USD are calculated. So, 250 + 95 = 345 x 0.11 = 37.95.
So far, tax calculation to all the forms are correct. Just one thing to note, you have some exceptions:
If you don't want to exempt every item from the tax calculation, uncheck the items.