Enter the total gross sales ($) and the total costs ($) into the Taxable Sales Calculator. The calculator will evaluate and display the Taxable Sales.

## Taxable Sales Formula

The following formula is used to calculate the Taxable Sales.

TS = GS – C

• Where TS is the Taxable Sales ($) • GS is the total gross sales ($)
• C is the total costs ($) ## How to Calculate Taxable Sales? The following example problems outline how to calculate Taxable Sales. Example Problem #1: 1. First, determine the total gross sales ($).
1. The total gross sales ($) is given as: 40,000. 2. Next, determine the total costs ($).
1. The total costs ($) is provided as: 20,000. 3. Finally, calculate the Taxable Sales using the equation above: TS = GS – C The values given above are inserted into the equation below: TS = 40,000 – 20,000 = 20,000.00 ($)

Example Problem #2:

For this problem, the variables needed are provided below:

total gross sales ($) = 6000 total costs ($) = 300

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

TS = GS – C = ?