Tax reporting requirements

Tax reporting requirements

A bail bond agent or subagent must register with the department if annual gross business income is greater than $12,000. To register with the department you will need to complete a Business License Application.

If gross business income is less than $28,000 per year, your tax reporting account may be placed on active non-reporting (ANR) status, meaning you are no longer required to file tax returns. If your annual income is greater than $28,000 you will not qualify for ANR status, but you may still qualify for a partial small business credit (SBC).


References:
WAC 458-20-101
WAC 458-20-104