- Starting April 1, 2026, income from self-storage rentals in Washington is subject to B&O tax under the “Service and Other Activities” classification.
- Businesses must add this classification when filing excise tax returns via the My DOR portal.
- The applicable tax rate depends on the business’s prior year taxable income.
- Self-storage businesses with annual income over $125,000 lose active non-reporting status and must update their filing frequency.
- Unregistered affected businesses must complete a business license application.
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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