Instructions For Completing The Temporary Registration Certificate Form August 1998 (Page 3 of 3) in pdf

2. Calculate your Small Business B&O Tax Credit, see

Small Business B&O Tax Credit

below, and write this amount on line 16.

The Small Business B&O Tax Credit is available for

3. Subtract line 16 from line 15. Write this amount on line

temporary filers whose total B&O tax due is less than

17.

$71.

4. If you pay your taxes more than ten days after the

In order to claim the tax credit, determine your total

close of your business, you must add a penalty at the

B&O tax due by adding lines 1-4, column 5, Tax Due

rate shown in the lower right portion of the Temporary

on the Temporary Registration Certificate. This is the

Registration Certificate. Calculate this amount and

amount you will use to determine your Small Business

write the total on line 18.

B&O Tax Credit using the table on page 3.

5. Add lines 17 and 18. Write this amount in the “Total

Amount Owed” box. This is the total amount you owe.

NOTE:

6. Put your Registration Number on the check or money

•

The credit amount goes on the Small Business B&O

order, made payable to the Department of Revenue.

Tax Credit, line 16 of your Temporary Registration

Sign and date the certificate and keep a copy of the

Certificate.

certificate for your records.

•

You cannot carry this credit over to another tax

return. The credit must be used on the Temporary

Registration Certificate for your current reporting

period.

Within Ten Days of the Completion of Your Business

•

The credit may be used only against the B&O tax, not

Activity You Must:

retail sales or use tax due.

1. Complete the attached Temporary Registration

Certificate.

Completing the Temporary Registration Certificate

2. Send the original copy of the Temporary Registration

1. Add all the Tax Due amounts. This includes amounts

Certificate with your remittance for the Total Tax Due

for State Business and Occupation Tax, State Sales

and any penalties in the envelope provided.

Tax and Use Tax, Local Sales Tax and Use Tax,

Keep a copy of the Temporary Registration Certificate

Regional Transit Authority Tax, and King County Food

for your records .

and Beverage Tax Due amounts. Write this total on

line 15.

How to Determine Your Small Business

Monthly Small Business B&O Tax Credit Table

B&O Tax Credit:

Step 1: Determine the total Business and

If Your Total Business and

Your Small Business

Occupation Tax is:

B&O Tax Credit is:

Occupation (B&O) tax due. (Add lines 1-

4, column 5, on the Temporary

At Least

But less Than

Registration Certificate.) If taking

additional B&O tax credit(s), a worksheet

Equal to the Amount of

$ 0

$36

is provided for your convenience on the

B&O Tax Due

reverse side.

$36

$41

$35

Step 2: Locate the total B&O tax due in the table

to the left.

$41

$46

$30

Step 3: Read across to the next column. This is

$46

$51

$25

the amount of your Small Business B&O

Tax Credit.

$51

$56

$20

Step 4: Write the amount on line 16, of the

$56

$61

$15

Temporary Registration Certificate.

$61

$66

$10

Note: If your total B&O tax due is less than

$36, the Small Business B&O Tax Credit

$66

$71

$ 5

will be equal to the amount of B&O tax

due.

$71

or more

$ 0

REV 32 0051inst (8-19-98)

page 3

Instructions For Completing The Temporary Registration Certificate Form August 1998 Page 3

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