Washington Residential Schedule is a form used by the Washington State Department of Revenue to help calculate the amount of tax a homeowner may owe for their primary residence. It is used to determine the amount of the homeowner’s exemption, which is based on the assessed value of the home, any improvements or additions, and the taxes imposed by local government. There are three types of Washington Residential Schedule: B&O, Real Estate Excise, and Property Tax. Schedule B&O calculates the tax on the sale of real property in Washington State. Schedule Real Estate Excise calculates the tax on the transfer of real property within Washington State. And Schedule Property Tax calculates the taxes imposed by local government on the value of the homeowner’s primary residence.