B&O TAX CREDIT
B&0 Tax Donors Keep WA State Tax Dollars Local
It's as easy
as 1-2-3!
Download our step-by-step instructions or follow along below
#1
COMMIT
Sign up on the DOR site for your donation. Historic Downtown Chelan Association will be notified of your pledge.
#2
DONATE
Make your donation in monthly, quarterly or one-time payments. Full contribution is due by November 15. A donation in the current year means less corporate tax paid to IRS!
#3
CREDIT
Receive Washington B&O tax credit as early as January of the following year. Credit can be taken to extent of current B&O tax owed.
B&O Tax Credit Instructions
#2
Go to Excise Tax and in Account box, click “More Excise Tax Options”
#3
Under the Credits tab, click “Manage/Apply for a Tax Credit”
#4
Click “Add Main Street Application”
#5
Choose “Historic Downtown Chelan Association,” enter full contribution amount and click Next
Contributions can be paid in installments, but all funds must be received by Historic Downtown Chelan Association by November 15
This table shows various levels of giving and what that means for the tax credit and the out-of-pocket amount. Remember 100% of the full contribution is tax deductible!
