Accountant-Man
Level 13

Sales tax collected by sellers is neither income nor expense to the seller.

Report the total income from sales net of sales tax 

If you sold in only one state and filed sales tax returns in that state, what amount is shown as total sales over 4 quarters? What total income from sales on the 1120 will equal all 4 quarters?

** I'm still a champion... of the world! Even without The Lounge.