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

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## 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:

- First, determine the total gross sales ($).
- The total gross sales ($) is given as: 40,000.

- Next, determine the total costs ($).
- The total costs ($) is provided as: 20,000.

- 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** = ?**