Washington Income Tax Guide for 2026

Overview

Washington does not impose a state income tax. Capital gains are taxed at separate rates ranging from 7% to 9.9%.

Income Tax Rates

This state does not impose an income tax on individuals.

Capital Gains Tax

Single Filers

Income RangeTax Rate
$278,000 - $999,9997%
$1,000,000+9.9%

Married Filing Jointly

Income RangeTax Rate
$278,000 - $999,9997%
$1,000,000+9.9%

Deductions & Exemptions

This state does not have standard deductions or exemptions.

Additional Information

  • No individual income tax; Washington levies a 7% excise tax on long-term capital gains above an inflation-indexed standard deduction
  • Standard deduction is $278,000 for 2025 (per individual, married couple, or domestic partnership); the 2026 indexed amount has not been published by DOR as of 2026-09-15, so the 2025 amount is carried forward
  • Beginning tax year 2025 (ESSB 5813, Chapter 421, Laws of 2025), taxable gains exceeding $1,000,000 are subject to an additional 2.9% tax (9.9% total); no rate changes for 2026
  • Real estate and retirement accounts exempt

Charts

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Sources

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Last updated: September 15, 2026

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