This exemption amount has not increased since 2018 because the cost of. Estates over $2.193 million are subject to marginal rates between 10% and 20%.
For 2024, residents don’t have to file a state estate tax return if the value of their estate is less than the tax exempt amount of $2,193,000, according to washington inheritance laws. A crucial difference between the state.
1 If You’re A Washington Resident And You
The tax rates for the washington state estate tax range from 10% to 20%, depending on the value of the estate.
The Washington State Estate Tax Exemption Is Currently $2.193 Million.
The state of washington estate tax threshold amount for year 2024 is $2,193,000.
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The 2024 Washington State Estate Tax Exemption Is Currently $2,193,000 Per Person, The Same Rate As 2023.
The washington state estate tax exemption is currently $2.193 million.
The Tax Rate Starts At A 10% For The First Taxable $1 Million And Climbs To 20% At $9 Million.
A chart that provides the key washington estate tax figures for 2023 and 2024, including the estate tax exemption amount and top rate.