QSBS and Washington's New Millionaire Tax
If you excluded gain under Section 1202 QSBS, does Washington's new millionaire tax still apply? Here's how the new income tax interacts with the federal QSBS exclusion.
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If you excluded gain under Section 1202 QSBS, does Washington's new millionaire tax still apply? Here's how the new income tax interacts with the federal QSBS exclusion.
Washington just signed a 9.9% income tax on household earnings above $1 million, effective January 1, 2028. Here's what founders, investors, and high earners need to know — including QSBS planning, the marriage penalty, exit timing, and the constitutional fight ahead.
Washington State introduced a capital‑gains tax in 2021, triggering immediate interest (and litigation) among founders, investors and tax professionals.
Washington’s proposed jock tax (Visiting Pro Athlete Tax) would tax nonresident pro athletes based on games played in the state, and the idea later reappeared in Section 404 of ESSB 6346.
I’m sharing this because the Washington capital-gains tax conversation just took a turn that founders, early employees, and investors cannot ignore as they think about exits, liquidity timing, and...
If you're a founder, investor, or startup advisor eyeing a 2026+ exit, the One Big Beautiful Bill Act (OBBBA) just made QSBS (Qualified Small Business Stock under Section 1202) even more powerful:...
Seattle voters approved Proposition 2 on 4 November 2025, ushering in a major overhaul of the city’s business and occupation (B&O) tax.