Printing tax forms
The Internal Revenue Service requires retailers to print and submit tax forms when the accumulated amount of cash-equivalent tenders in a sales transaction meets the threshold amount specified by the IRS. The forms contain seller and customer information to be used by the Tax and Sales Audit teams.
To print the IRS tax form, the POS application needs the following:
- A configured command to print the form.
- An installed Portable Document Format (PDF) reader software.
- A copy of the IRS tax form file saved in the directory.
The POS application may also print the tax form during a sales transaction. For more information, refer to Understanding tax form printing.
Configurable features
The POS application can be configured with the following features.
- Specify the threshold amount to trigger the printing option.
- Display the Print Tax Form button.
For more information, refer to Tender Threshold for Print.