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Form Rev 41 0057 - Small Business B&o Tax Credit Worksheet - Washington Department Of Revenue

QUARTERLY SMALL BUSINESS

B&O TAX CREDIT TABLE

If Your Total Business

Your Small Business

If Your Total Business

Your Small Business

and Occupation Tax is:

B&O Tax Credit is:

At Least

But less Than

At Least

But Less Than

Equal to the Amount

$ 0

$106

$161

$166

$50

of B&O Tax Due

$106

$111

$105

$166

$171

$45

$111

$116

$100

$171

$176

$40

$116

$121

$ 95

$176

$181

$35

$121

$126

$ 90

$181

$186

$30

$126

$131

$ 85

$186

$191

$25

$131

$136

$ 80

$191

$196

$20

$136

$141

$ 75

$196

$201

$15

$141

$146

$ 70

$201

$206

$10

$146

$151

$ 65

$206

$211

$ 5

$151

$156

$ 60

$211

or more

$ 0

$156

$161

$ 55

How to Determine Your Small Business Credit

Step 1:

Determine the total Business and Occupation (B&O) tax due. (Add total tax due of all

B&O classifications on your tax return.) If taking additional B&O tax credit(s), a

worksheet is provided for your convenience on the reverse side.

Step 2:

Locate the total B&O tax due in the table above.

Step 3:

Read across to the next column. This is the amount of your Small Business B&O

Tax Credit.

Step 4:

Write the amount on page 2, under the Credits section of your return, on the Small

Business B&O Tax Credit line.

Note: If your total B&O tax due is less than $106, the Small Business B&O

Tax Credit will be equal to the amount of B&O tax due.

FOR YOUR USE ONLY, PLEASE DO NOT RETURN THIS TO THE DEPARTMENT.

For tax assistance, visit or call 1-800-647-7706. To inquire about the availability of this document

in an alternate format for the visually impaired, please call (360) 705-6715. Teletype (TTY) users please call

1-800-451-7985.

REV 41 0057 (5-31-06)

Form Rev 41 0057 - Small Business B&o Tax Credit Worksheet - Washington Department Of Revenue

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