Tax computations from third-party portals involve three aspects: 1) Tax passed to the host, 2) Tax withheld by the state, and 3) Tax adjustments due to reversals. These calculations can be complex, particularly because they depend on specific location details (such as the state where the store is located) and whether the marketplace is a facilitator for the taxes.
For a detailed understanding of how each third-party platform handles taxes, you can refer to their guidelines:
UberEats -
hereDoordash -
hereGrubhub -
here- Go to Finances > Reports (link)
For a visual walkthrough, refer to this brief recording illustrating the entire process:
If you have any additional questions feel free to reach out to us at support@tryloop.ai
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