Yup, I'm in this boat, too. I've been collecting and remitting Florida sales tax for years (which can be a pain on eBay due to the 'destination-based' Florida model), and I noticed when Florida started being included within the 'Managed Tax'. I still haven't looked at the paperwork to see how to do it from now on.
Nonetheless, I suspect that it will be along the lines of XXX.XX$ in gross sales, YY.YY$ in collected sales tax and YY.YY$ as a lawful deduction, 0.00$ to remit. Considering how this is going to be a mess for tens if not hundreds of thousands of sellers, I expect a lot of errors and a slow onboarding process. The department is probably as swamped as we are, so I doubt they'll go full-autistic on our returns for a while.
My areas of concern are:
- If it is worth the hassle of having a sales tax certificate just to file a 0.00$ sales tax return every month/quarter? It may be, due to the resale certificate, or because you are selling on other platforms (though those likely also remit tax on your behalf), but it is something worth considering.
- If one is due a deduction which would normally be deduced from remitted sales tax (like improperly billed sales tax on items purchased for resale), but sales tax return will be 0.00$ from here on out, how does one get back what one is owed?
On the bright side, at least Florida finally discontinued that nightmarish 'Bracket System' for sub-dollar amounts. Plus, 'Use Tax' is going to be one less thing to worry about. As long as Florida doesn't implement an Income Tax, I think this is overall bearable as long as the kinks are ironed out.
