What is sales tax and how is it calculated on my receipts?

What is sales tax and how is it calculated on my receipts?

Sales tax is a percentage of the sale price that is added to your purchase. It varies by state and sometimes by city.

How do I know how much sales tax I paid on a receipt?

You can find the sales tax amount on your receipt, usually listed separately from the total price. It's often labeled as 'Sales Tax'.

Are there items that are exempt from sales tax?

Yes, certain items like groceries and prescription medications may be exempt from sales tax, depending on your location.

Can I get a refund on sales tax if I return an item?

Yes, if you return an item, the sales tax you paid is typically refunded as well, but check the store's return policy.