Here in Florida there you only have to pay sales tax on a boat for the first $300,000. I wondered if Quickbooks has a way to set a cap on the amount of tax paid? Or is the only way to keep checking to see how much they paid?
Hi there, MysticPB.
I'm glad you've reached out to the QuickBooks Community. Let me help share some insights about the Sales Tax in QuickBooks Desktop.
You can pull up the Sales Tax Liability report, this will shows a summary of sales tax you’ve collected and owe to your tax agencies. Here's how:
For additional reference, you can check these related articles:
That should do it! Please know that I'm just a post away if you have additional questions about the Sales tax. Wishing you and your business continued success.