Washington
Washington Capital Gains Tax Calculator
Calculate your capital gains tax liability in Washington. Washington taxes capital gains at rates up to 7%, plus federal taxes.
Sale Details
Washington Tax Estimate
Total Tax
$33,800
16.9% effective rate
Capital Gain
$200,000
Tax Breakdown
Sale Price$500,000
Cost Basis-$300,000
Capital Gain$200,000
Federal Tax-$33,800
↳ Includes NIIT (3.8%)$3,800
Washington State Tax$0
Net After Tax$466,200
Federal
$33,800
WA State
$0
Effective Rate
16.9%
Washington Capital Gains Tax
Washington has a 7% tax on capital gains over $250,000 (effective 2022)
Long-term: 7% on gains over $250K
Short-term: 7% on gains over $250K
NIIT Applied
The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.
Washington Capital Gains Tax Details
Tax Treatment
Tax Type
Separate capital gains rate
Maximum Rate
7%
Available Exemptions
- First $250K exempt
- Real estate excluded
- Retirement accounts excluded
Washington Capital Gains Tax FAQ
Official References
- IRS Topic 409: Capital Gains and Losses
Federal capital gains tax guidance
This calculator provides estimates. Consult a tax professional for advice specific to your situation in Washington.