Does QSBS Avoid Washington’s New 9.9% Income Tax? (Yes — For Now)
Under ESSB 6346, Section 1202 QSBS gains should stay outside Washington’s new 9.9% income tax (for now). Here’s why, the audit risk, and what would have to change.
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Under ESSB 6346, Section 1202 QSBS gains should stay outside Washington’s new 9.9% income tax (for now). Here’s why, the audit risk, and what would have to change.
Washington's new 9.9% income tax makes domicile planning critical for high earners. If you're considering changing your state of residence before 2028, here's what it actually takes.
Your tax outcome in Washington depends on how you structure your equity, entity, and exit. This post walks through the planning levers founders, investors, and high earners can pull before 2028.
Washington’s 9.9% income tax is now law—but a constitutional challenge could stop it. Here are the key arguments and a realistic timeline for what happens next.
Governor Ferguson signed ESSB 6346 on March 30, 2026. Washington now has a 9.9% income tax on household income above $1 million, effective January 1, 2028. Here's what it means.
Governor Ferguson signed SB 6347 rolling back Washington's estate tax from the temporary 35% top rate to the prior 20% rate. The 35% rate applies through June 30, 2026; 20% returns July 1.
Washington’s 30-day safe harbor only helps if you’re already domiciled here. This explains the domicile vs residency tests, the 30-day rule, and the planning traps as 9.9% starts on Jan. 1, 2028.
Washington's 9.9% income tax is now law. If your household earns above $1 million, the planning decisions you make before 2028 could save you hundreds of thousands of dollars. Here's your roadmap.
Despite Washington's new 9.9% income tax, QSBS remains one of the few ways founders and angels can still exit entirely free of state tax. Here's why Section 1202 still works in Washington.
Washington's ESSB 6346 creates duty-day apportionment rules for nonresident athletes effective January 1, 2028. Here's what visiting players, agents, team payroll departments, and GMs need to know — with the math.