Washington State Tax Estimator | Kimball Creek Partners
Washington State Tax Planning · 2026

Washington just changed
the rules.
Have you run your numbers?

SB 6346 introduces a 9.9% income tax on household income above $1 million, effective January 1, 2028. Combined with the state's capital gains excise tax and one of the lowest estate tax exemptions in the country, the financial calculus for high-net-worth Washington residents has shifted materially.

BB

Brock Bennion, PhD

Wealth Strategist · Kimball Creek Partners · Tacoma, WA
Gig Harbor · Tacoma · South Sound · Pacific Northwest
9.9%1
New income tax on household income above $1M, effective Jan 1, 2028
~$3M2
Washington estate tax exemption — 2nd lowest in the country
9
Destination states modeled, including income, capital gains, sales, property & estate tax

1 Source: Washington State Senate Bill 6346, passed March 11, 2026. Effective January 1, 2028; first returns due 2029. 2 Source: Tax Foundation, State Estate and Inheritance Taxes (2025). Washington's exemption of approximately $3.0 million (inflation-indexed) is the second-lowest among states with an estate tax. Data subject to change; verify current figures with a qualified tax professional.

This isn't a reason to panic. It's a reason to plan.

I've been tracking this legislation from its earliest drafts and modeling the impact for clients across a range of income levels, estate sizes, and life circumstances. The question I'm fielding more than any other right now is some version of: "Brock, should I be thinking about leaving Washington?"

For some clients, the numbers make a relocation analysis worth pursuing seriously. For others, the answer is proactive estate planning, entity restructuring, or income timing strategies that potentially reduce exposure without uprooting a life. For still others, the right answer may be to stay — and pay — with a clear-eyed understanding of what that costs.

What I don't recommend is arriving at January 2028 having never had the conversation. Use the estimator below as a starting point.

What this tool models

Income tax — WA's new 9.9% on income above $1M vs. each destination state's rate

Capital gains tax — WA's 9.9% excise on gains above $278K, compared by state

Sales tax — Applied to your annual spending at statewide average rates

Property tax — Based on your home value at each state's average effective rate

Estate tax exposure — WA brackets vs. destination state (OR has estate tax; others don't)

Break-even analysis — How many years until tax savings cover transition costs

Washington State Relocation Tax Estimator

Enter your numbers below and select a destination state to compare your full annual tax burden side by side.

For illustration purposes only — not tax or legal advice. All calculations are estimates based on simplified assumptions and statewide average rates. Results are intended to illustrate general concepts and may not reflect your actual tax liability. Tax rates, exemptions, and laws are subject to change at any time, and this tool may not reflect the most current figures. WA income tax (SB 6346) is not yet in effect and faces likely constitutional challenge. Do not make financial or residency decisions based solely on these estimates. Consult a qualified CPA and estate planning attorney before taking any action.

Your financial profile

Annual household income
$
Annual long-term capital gains
$
Annual household spending
$
Primary residence value
$
Total estate value
$
Transition & moving costs
$
Planning horizon 10 yrs

Select a destination state

Washington — current law

Nevada

For illustration purposes only. Results may not be accurate and are not a substitute for professional tax advice. Tax rates, exemptions, and laws are subject to change at any time. WA income tax (SB 6346) effective Jan 1, 2028 — constitutional challenge likely. WA capital gains excise (9.9% on gains >$278K) is current law. WA estate tax: post-SB 6347 brackets, 20% top rate, ~$3M exemption. OR estate tax: 10–16% on estates >$1M. CA shown at 13.3% top marginal rate. MT capital gains: ~4.1% effective after 40% deduction. Sales tax applied to full spending — actual taxable share may be lower. Property tax at statewide average effective rates. WA-source income from businesses or rental properties may remain taxable after relocation. Domicile requires documented legal intent and qualified legal review. Consult a qualified CPA and estate planning attorney before making any financial or residency decisions.

Why work with Brock Bennion?

I bring a distinct combination of analytical rigor and genuine Pacific Northwest perspective to every client relationship.

Scientific Approach to Planning

With a PhD in Immunology from Washington University in St. Louis, I apply a data-first, hypothesis-driven framework to financial analysis — modeling scenarios before drawing conclusions.

Washington Expertise

I live in Gig Harbor and work in Tacoma, teach financial literacy throughout the South Sound, and have spent years tracking Washington's evolving tax landscape — from the 2022 capital gains tax to SB 6346.

Independent, Fiduciary-Focused in Advisory Relationships

As an independent wealth strategist at Kimball Creek Partners, I'm not beholden to product quotas or proprietary platforms. My recommendations are built around your situation — nothing else.

The numbers are a starting point.
The conversation is where it gets real.

I've built the analytical frameworks and run the state-by-state comparisons. When you sit down with me, you're not starting from scratch — you're getting answers tailored to your household. Whether you leave with a plan of action or simply confidence, every conversation is grounded in data and delivered without pressure.

Ready to understand your specific Washington tax exposure before 2028?

Schedule a conversation Or give us a call →