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How is taxable amount calculated?
How is taxable amount calculated?

Understanding how the taxable amount of a payment is calculated

Updated over a week ago

In your downloadable reports, you may see a column for taxable amount. We'll break down the calculation for the taxable amount of a payment below.

Taxable amount

(full payment amount - payment tax) * taxable percent of total file value

Taxable percent of total file value

invoice total taxable amount / invoice subtotal

📚 Tip

Taxable represents what is checked as a taxed package or item on any given invoice. Non-taxable represents what packages or items are left un-checked—or, not taxed!


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