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Q:  What is a Schedule B and who uses it?

A:  Schedule B is a bad debt tax credit. A bad debt tax credit is allowed for retail sales tax which has been remitted to the Department, but has become worthless or uncollectible and written off for Internal Revenue Service purposes.

Completion of a Schedule B form is necessary only if the sales tax rate at the time of the sale is different form the current rate. When the rates are the same, the deduction may be taken on the Retailing B&O Tax and Retail Sales Tax lines. WAC 458-20-196 provides additional information on the bad debt tax credit.
More information
WAC 458-20-196
Schedule B - Credit for Sales Taxes Paid on Bad Debts (pdf)
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