Washington Income Tax
Does Washington Have State Income Tax?
Washington does not have a state income tax and there is no State of Washington 1040 tax form issued by the Washington Department of Revenue. Washington state and local governments generate revenue primarily from retail sales, business gross receipts, property tax, and public utility taxes. Residents of Washington must still file federal income tax forms each year.
Washington 1040 tax form?
Washington does not have a state 1040 tax form, however, residents living in the state of Washington may still need to file a Form 1040 or Form 1040-SR federal income tax return each year. The deadline for filing a federal form 1040 return for the 2023 tax year is April 15, 2024.
How can Washington have no state income tax?
The Washington state constitution prohibits the creation of a personal income tax on wages. Washington statutes regarding income tax law also restate that no income tax will be levied upon residents and citizens of the state. Washington state and local governments generate revenue elsewhere primarily from property tax, retail sales, business gross receipts, and public utility taxes.
How long do you have to live in Washington to avoid taxes?
Residency for tax purposes is demonstrated by whether or not an individual has taken steps to move into Washington, and, sever residency in a previous state or country. You may still need to file a full-year, part-year, or non-resident income tax return in your current state for the year you move to Washington.
If you are considering moving to Washington, remember that personal income taxes are just part of the overall tax burden. In the state of Washington, however, the overall cost of living is relatively low compared to other high tax states such as California, New Jersey, and New York.
How many states have no income tax?
Washington is one of nine states which do not levy a personal income tax on wages. Currently the no personal income tax states are Alaska, Florida , Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.
For more information please visit the Washington State Department of Revenue website.
Last updated: December 10, 2023
References:
- Washington State Department of Revenue. State of Washington. Retrieved December 10, 2023.
- Income Tax. State of Washington, Washington State Department of Revenue. Retrieved December 10, 2023.
- Revised Code of Washington. Washington State Legislature. Retrieved December 10, 2023.