Washington State Estate Tax in 2015

The 2015 Washington state estate tax exemption for deaths occurring in 2015 is $2.054 million. This is up from $2.012 million in 2014.  Amounts passing to heirs above the $2.054 million mark will be taxed at a rate of 10-20% unless the such gifts are otherwise eligible for a deduction under Washington state law (such as a marital or charitable deduction).

If you’d like more information on how to calculate the tax, see here for the tax table and rates: WA State Estate Tax Table.