Sales tax reverse calculator

How To Calculate Reverse Sales Tax In the USA Use this reverse sales tax calculator whenever you need to check the number of items purchased before paying sales tax. To calculate the sales tax amount, you need to know the net price of the item and the sales tax rate at the location where you buy the item. This method assumes that you know the total after-tax price of the item and the tax rate that has been assessed, so you need to work backward to find out how much money was spent on sales tax. Rather than calculating sales tax from the purchase amount, it is easier to reverse the sales tax and separate the sales tax from the total. For example, if the full payment is $57.98 and you paid 1.07% sales tax, you can enter these numbers into our calculator to determine your original pre-tax price. For example, if you paid $26.75 for items and the tax on your receipt was 7% or $1.75, the items would have a pre-tax value of $25. Reverse Tax Calculator can calculate easily with one click. You can also determine sales tax by dividing the total tax you pay as a customer by the item's price before tax. If you know the total value of the item after-tax, you can deduct the pre-tax price and subtract it from the after-tax price to determine the exact tax you pay at retail. The price of an item purchased after tax can be divided by the tax paid in decimal, calculated by converting the percentage to a decimal. The result you get is the tax rate on the item you paid, and it's expressed as a decimal number. This calculation helps ensure that you're charging the correct amount at the store and helps to understand the overall percentage of sales tax on the final price. The only thing to remember in our Reverse Sales Tax Calculator is that the top input field is the sales tax percentage and the bottom input field is the total purchase price. So whether you're doing a reverse sales tax calculation using a receipt or trying to calculate the pre-tax cost of an item, the calculation is the same.

To pay (including sales tax) on a check out would be:Manual Method:Net Price (amount before Tax) of an Air Conditioner: $470Total Sales Tax rate: 1.750% (Berwyn) + 2.750% (Cook County) + 6.250% (Illinois State) = 10.750%Total Sales Tax amount = $470 x 10.750% = $50.5Gross Price (Amount after Tax) = 470 + 50.5 = $520.5It means the buyer has to pay for an Air Conditioner on a cash counter, which would be $520.5.Using our Sales Tax Calculator:All of the steps mentioned above can be skipped to get an instant result using our Sales Tax Calculator. All you need is:Input the $470 Net Price of an Air Conditioner as Amount Before TaxInput or select 750% of the combined Sales Tax rate on the Tax Rate menu.Our calculator will automatically calculate the result, and represents it in 3 different forms, as shown in the image below: Reverse Sales Tax CalculationIn the example above, we have explained to you to calculate the Sales Tax amount payable in a product, and the Gross Price of the Product.But there are also instances when you are required to deduce how much sales tax buyer has actually paid on a product or you may want to check the accuracy of the sales tax indicated on your item's receipt.This is where the Reverse Sales Tax Calculation Kicks in. And luckily, our Illinois Sales Tax Calculator can perform this calculation like a Pro.Example:Your buyer has paid $170 for an Air Heater at your store in Normal, Illinois. Now the buyer is inquiring how much the Air Heater actually cost before the sales tax was added. So you need to follow the steps below to determine the amount before tax (net price) of an Air Heater:Gross Price (Amount after Tax) of Clothes Dryer Machine: $170Total Sales Tax rate: 2.50% (Normal) + 0.00% (McLean County) + 6.250% (Illinois State) = 8.750%Manual Method:Gross Price with sales tax = [Net Price × (tax rate in decimal form + 1)]170 = [Net Price x ((8.75/100) + 1)]170 = Net Price x 1.09$156 = Net PriceSo the original Price (net price) of the Air Heater was $156.Using our Sales Tax Calculator:You can also use our Sales Tax Calculator for Reverse Sales Tax calculation to skip the aforementioned manual method. All you need is:Input the $170 Gross Price of Air Heater as Amount after TaxInput or select 750% of combined Sales Tax Rate on the Tax

(Tax Year 2025: Last Updated on March 17, 2025) Illinois' state general sales tax rate is 6.25%. Illinois allows counties, cities, and/or municipalities to levy a local sales tax that can reach a maximum of 4.75%. This calculator may be used to determine the reverse sales tax as well as the Illinois sales tax. To receive precise results right away, enter information such as the amount before tax, the amount after tax, and the tax rate. ILLINOIS [Multidirectional Calculator] Amount Before Tax $ Tax Rate 6.25%6.3%6.5%6.6%6.75%6.85%7%7.1%7.25%7.35%7.5%7.6%7.75%7.85%8%8.1%8.25%8.35%8.5%8.75%8.85%9%9.25%9.5%9.75%10%10.25%10.5%10.75%11% Sales Tax Amount $ Amount After Taxes $ Amount Before Tax ${{amountBeforeTax}} Sales Tax Rate {{SalesTaxRate}}% Amount Of Taxes ${{AmountOfTaxes}} Amount After Taxes ${{AmountAfterTaxes}} About the Author Nauman Rehmat Nauman is a Digital Marketing Specialist and owner of several online tools like DrEmployee. He believes in helping common people by providing a free online solution to day to day tasks. This project is one of them to offer free financial tools and tips. Clear Print Email -->Illinois – IL Sales Tax Calculator: User GuideIllinois State is a land of wonderful opportunities, natural wonders, attractions, and more, located in Midwestern and Great Lakes region of the United States. The state has the sixth-largest population, fifth-largest gross domestic product (GDP), and the 25th largest land area of all U.S. states, offering unmatchable opportunities for business persons, entrepreneurs, and job seekers.So, if you are planning to start, relocate, or expand your business in Illinois, you should know how to deal with sales tax. To assist you with Sales Tax, our experts have created a fantastic Sales Tax Calculator backed with a comprehensive guide to educate you with all the essentials related to Illinois Sales Tax. So let's get started!Illinois Sales Tax Facts:The statewide sales tax charged in Illinois is 6.3%. On the top of State sales tax, many counties also levy local sales tax ranging between 0% and 2.25%. Moreover, 198 out of 1314 cities also collect city sales tax ranging from 0% to 2.75%.In some special cases, special sales tax may also be charged, with rates ranging between 0% and 1.1%.You may also be charged with local-level tax (varying from city to city) like water commission, home rule, public facilities or transportation, non-home rule, business district, mass transit, park district, county public safety, and county school facility tax.25% is the lowest possible combined sales tax in the state, charged in cities including Clare, Illinois.11% is the

Providing a systematic way to account for the reduction in value over time. This is a common method used in accounting to allocate the cost of assets and determine their book value. All calculators 401k retirement calculator ADR calculator APY calculator Acid test ratio calculator Amortization calculator Asset finance calculator Auto loan calculator Basis point calculator Break even calculator Business loan calculator Business savings calculator Business valuation calculator California sales tax calculator Car finance calculator Car finance settlement calculator Cash flow calculator Commercial mortgage calculator Commercial real estate calculator Compound annual growth rate calculator Compound interest calculator Cost of equity calculator Currency converter Debt service coverage ratio calculator Development finance calculator Dividend calculator EBITDA calculator Employee retention credit calculator Florida sales tax calculator Franchise loan calculator Home equity line of credit payoff calculator Inflation calculator Internal rate of return calculator Invoice factoring calculator Invoice finance calculator Lease calculator Line of credit calculator Loss ratio calculator Marginal cost calculator Merchant cash advance (MCA) calculator Missouri sales tax calculator Mortgage overpayment calculator Net profit margin calculator New Jersey sales tax calculator Ohio sales tax calculator Operating margin calculator PayPal fee calculator Percentage calculator Pre money valuation calculator Price elasticity of demand calculator Price per square foot calculator Price to earnings calculator R&D tax credit calculator Rate of return calculator Receivables turnover calculator Refinance calculator Rent vs. buy calculator Return on capital employed calculator Return on investment calculator Revenue calculator SBA loan calculator Sales tax calculator Short term business loan calculator Weighted average