What is the Washington Excise tax that I need to pay on a quarterly bases with DOR? How do I calculate that?

I appreciate your time reaching out in the Community for assistance, Amaya. I’m here to share information about the Washington Excise tax and how you can set it up in QuickBooks Online.

The tax rates vary based on the nature of the business activity you're involved in. To determine the exact rate that applies to your company, it would be best to seek advice from the Washington State Department of Revenue (DOR) or a tax professional. They'll be able to give you the most recent and accurate information regarding the Washington Excise tax and how it's calculated.

Once you find out, you can set it up in QuickBooks and apply the tax rate to your sales transactions. The program will automatically calculate the tax amount.

Then, you can run reports to view your tax liability for a specific period, such as quarterly. These statements can help you correctly report and pay your Washington Excise tax to the DOR.

I’ll be here anytime to help if you have other concerns or questions besides taxes. Just let me know in the comments.