B&O Tax Credit Program
Guarantee downtown Sumner’s vibrancy
The Main Street Tax Credit Incentive Program (MSTCIP) ensures your tax dollars are invested in downtown Sumner. For businesses paying B&O taxes, your organization financially benefits from investing in Sumner Main Street Association.
The specifics: Your business is eligible for a tax credit worth up to 75% of its contribution to Sumner Main Street. If your business donates $10,000 to SMSA, your business will then receive a $7500 tax credit the following year. An added incentive: Your donation is eligible for a federal tax deduction.
“If you have any questions, please contact the SMSA Executive Director at director@sumnermainstreet.com, or at (253) 891-4260, to help guide you through the process
Ready to Pledge? Follow These Easy Steps to Enroll:
How to Enroll
Step One/Visit the Department of Revenue Website
- Starting in January each year, go to: secure.dor.wa.gov
- Log in
- Click on “Get Started” link
- Click on your “Excise Tax” account
- Click “Credits” in the toolbar
- Click on “Add Main Street Application”
- Find Sumner Main Street Association and enter the Contribution
Amount; click next - Fill out Authorization Information and click Submit.
Step Two/Make a Donation
Before December 22, each year, you can make a donation to SMSA by sending a check to:
Step Three/Check Your Account
In January each year, when you go to pay your B&O taxes online, you will have the credit available in your account. It’s really that simple!
Thank you so much for supporting Sumner Main Street Association!