- Washington’s new law lets businesses round in-person cash payments to the nearest nickel when pennies aren’t available.
- Amounts ending in 1, 2, 6, or 7 cents round down; 3, 4, 8, or 9 cents round up.
- The rule applies only to cash transactions, not credit, debit, or electronic payments.
- Taxes must still be calculated on the original pre-rounding amount.
- The law takes effect in mid-June 2026 and is meant to help retailers as penny minting ends.
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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