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Main Content

Washington state millionaire tax statistics

Washington’s New Millionaires Tax Statistics

June 25, 2026 By Stephen Nelson CPA Leave a Comment

Washington's new 9.9% millionaires tax doesn't take effect until January 1, 2028, with the first returns and payments due in April 2029. That … [Read More...] about Washington’s New Millionaires Tax Statistics

Use the Section 199A Deduction Calculator to estimate the new "Qualified Business Income" deduction.

Section 199A QBI Deduction Calculator

June 17, 2026 By Stephen Nelson CPA 3 Comments

Starting in 2026, the Section 199A deduction works slightly different. Congress adjusted the formulas for inflation, improved how future inflation … [Read More...] about Section 199A QBI Deduction Calculator

Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

June 1, 2026 By Stephen Nelson CPA

If you’re a taxpayer likely affected by … [Read More...] about Washington’s New Millionaire Tax Quietly Limits Charitable Deductions

Sleeper Material Participation Rules for Short-Term Rental Investors

May 21, 2026 By Stephen Nelson CPA

Short-term rental investors often know the first … [Read More...] about Sleeper Material Participation Rules for Short-Term Rental Investors

Recent Articles

  • Washington’s New Millionaires Tax Statistics
  • Section 199A QBI Deduction Calculator
  • Washington’s New Millionaire Tax Quietly Limits Charitable Deductions
  • Sleeper Material Participation Rules for Short-Term Rental Investors
  • The New Washington Millionaires Tax
  • The Tax-Inclusive Gift Strategy Calculator
  • Washington State Millionaires Tax Residency Rules
  • Exporting Assets Avoids Washington State’s Estate Tax
  • Powerball Lottery Tax Planning
  • When Material Participation Really Starts (It’s Earlier Than Most People Think)
  • One Big Beautiful Bill’s New R&D Deductions
  • Trump Savings Accounts – Free Money from the Government
  • Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity
  • The Section 168(k) Bonus Depreciation Purchased Requirement
  • Changing Your Washington State Residency
  • The Washington Estate Tax Income in Respect of Decedent Problem
  • Planning for the 35% Washington State Estate Tax
  • Washington State Professional Services Sales Tax
  • Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
  • The New Big Beautiful Section 199A Deduction

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Featured Posts

The new Washington state millionaires tax hits high-income taxpayers with a flat 9.9% rate.

The New Washington Millionaires Tax

The Washington legislature recently passed a new “millionaires tax.” Governor Ferguson signed the bill yesterday. Thus, starting in 2028, high-income … [Read More...] about The New Washington Millionaires Tax

Grandparents watching their grandchildren play photo for tax-inclusive gifts tax strategy calculator.

The Tax-Inclusive Gift Strategy Calculator

If you’re a Washingtonian who worries about estate taxes? You should know paying gift tax can reduce estate tax. And maybe more than you might … [Read More...] about The Tax-Inclusive Gift Strategy Calculator

Washington state millionaires tax residency rules blog post

Washington State Millionaires Tax Residency Rules

The proposed Washington state millionaires’ 9.9% income tax comes with residency rules. And some taxpayers will really want to understand those … [Read More...] about Washington State Millionaires Tax Residency Rules

Recent Comments

  • Advanced S Corporation Tax Planning Secrets - Evergreen Small Business on Section 199A QBI Deduction Calculator
  • Section 199A(i) Fiscal Year Change Extends Deduction - Evergreen Small Business on Section 199A QBI Deduction Calculator
  • Section 199A Deduction Phase-out Calculations - Evergreen Small Business on Section 199A QBI Deduction Calculator
  • Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity - Evergreen Small Business on The Section 168(k) Bonus Depreciation Purchased Requirement
  • Planning for the 35% Washington State Estate Tax - Evergreen Small Business on Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025

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