Calculate your federal and Washington capital gains tax liability
Calculate Your
Washington Capital Gains Tax
Washington imposes a 7% tax on long-term capital gains from financial assets exceeding an annual threshold (approx. $272k for 2025). Real estate is fully exempt.
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Washington Capital Gains Tax Highlights
Enter Your Investment Details
Calculate your capital gains tax for Washington
📊 Enter your annual taxable income before including this capital gain. This determines your capital gains tax bracket.
📊 Choose your investment holding period
Calculator optimized for Washington tax rates
Tax Calculation Results
How Washington Taxes Capital Gains
Washington imposes a 7% tax on long-term capital gains from financial assets exceeding an annual threshold (approx. $272k for 2025). Real estate is fully exempt.
Exempt Assets
The following assets are exempt from capital gains tax in Washington: real-estate, retirement-accounts, livestock, timber, certain small businesses
2025 Tax Brackets
Washington Tax Details
Tax Rate Structure
Washington provides preferential treatment for certain types of capital gains.
Key Requirements
Washington Tax Strategies
- • Consider timing of asset sales for tax efficiency
- • Coordinate with federal capital gains strategies
- • Review loss harvesting opportunities
• Consult with Washington tax professional for complex situations
Related Tax Services
Real Estate in Washington
Real estate capital gains in Washington are subject to both federal and state tax considerations:
Real Estate Exemption
Real estate transactions are specifically exempt from Washington capital gains tax, providing significant tax advantages for property investors.
Primary Residence
Federal Rules
Washington State Rules
✓ Real estate gains fully exempt
No state filing required for real estate
Additional Requirements:
- • Real estate is EXEMPT from WA capital gains tax.
- • Only federal rules and the Real Estate Excise Tax (REET) apply.
Investment Property
Tax Deferral Strategies
1031 Like-Kind Exchanges
Defer federal taxes on investment property exchanges
Transfer Costs
Transfer Tax
Local Variations:
- • Some cities and counties add their own small, flat fee REET.
Available Exemptions:
- • Gifts
- • Certain family transfers
- • Divorce.
Recording Fees
Additional Fees:
- • High, uniform recording fees statewide.
Special Deductions & Notes:
- • Real estate is completely exempt from WA capital gains tax.
Investment & Tax Services
Property Tax Exemptions
Homestead
$125K
Maximum exemption
Senior (65+)
$0K
Additional exemption
Washington Real Estate Specifics
• Real estate is 100% EXEMPT from Washington's 7% capital gains tax.
• Real estate sales are subject to the Real Estate Excise Tax (REET), a tiered tax with rates up to 3%, which functions as the state's transfer tax.
Real Estate & Investment Services
Washington Filing Requirements
Due Dates
Required Forms
- • Form WA Capital Gains Tax Return
- • Schedule A, B, and D
- • Federal Form 8949 & Schedule D
Payment Options
- • Online payment portal
- • Electronic funds transfer
- • Check or money order
Tax Professional Services
Compare Washington to Other States
Tax Calculation Results
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