Cannabis sales tax calculator for four states

For each sale we show the tax by layer, the base we applied it to, and the statute behind it, because these four states do not agree on which base to use. You supply the local rate and the facts we cannot see. We built it for four states and we file in more, so ask about yours.

The inputs behind a dispensary tax calculator

PRETAX PRICE: What you charge before transaction taxes and separate fees.
EXCISE TAX: A cannabis-specific percentage or unit fee a state imposes.
SALES TAX: The general state and local transaction tax, on the base the state defines.
LOCAL TAX: A county, city, municipal or district layer you charge by sale location.
TAX BASE: The amount you multiply by a rate. Sometimes the price, sometimes a price that includes another tax.

Two ways states stack cannabis tax

OHIO AND ILLINOIS, FLAT

Ohio charges 10% excise and 5.75% sales tax, each on the price. You collect $15.75 on a $100 adult-use sale before local rates.
Illinois keeps the excise out of the sales tax base and the sales tax out of the excise base, on Form CD-1.

NEW JERSEY, TAX ON TAX

New Jersey charges up to 2% municipal transfer tax on the price, then 6.625% sales tax on the price plus that transfer tax. You collect $8.76 on a $100 sale at the 2% cap.
New Jersey puts taxes imposed on the seller inside sales price at N.J.S.A. 54:32B-2(oo), and a municipality imposes the transfer tax on the retailer.

We took both figures from the statutes cited on the state pages, and left local rates out because you look those up by address.

Four checks before you use the number

Check the local rate. Use the state's own lookup for the address and the date of the sale.

Confirm what we cannot see. How you state each tax on the receipt, the lab result, the purchaser's status.

Set the point-of-sale system. Load the rate and the base rule, then test a sale of each product type.

Reconcile before you file. Match the tax you collected to deposits, the ledger and the filed return.

From a weed tax calculator to a filed return

THE CALCULATOR

Tax by layer, the base behind each one, and the statute.

YOUR RECORDS

The receipt, the deposit and the ledger account behind each layer.

THE RETURN

The form, the schedule and the period you report each amount on.

150,000+

RETURNS PREPARED AND FILED

15+ YEARS

SENIOR TAX EXPERIENCE

YEAR-ROUND CLIENT SUPPORT

Firm figures, Dimov Tax.

1 · CLASSIFY

Product + purchaser + place + date

2 · SOURCE

Official rate + exemption + tax-base rule

3 · CALCULATE

Excise + sales + local on the right base

4 · RECONCILE

Receipt + ledger + deposit + return

Read the rules behind a marijuana tax calculator on the dedicated New Jersey, Illinois, Ohio and Florida pages.

George was responsive and thorough. They were able to help me estimate my taxes accurately before year end, and help me file a complex return. They were polite in explaining the details and answered all of my questions.

Scott Sandler · Google review

Have us check the number, wherever you sell

Send the transaction date, sale location, product type, purchaser status, pretax price and the rates you have loaded in your system, before you change a point-of-sale setting or file a return. We file in more states than four, so send it whichever state you sell in. Dimov Tax checks the base behind the number, then handles sales tax consulting and recurring filing.