July 1 falls on a Wednesday this year, but it is anything but an ordinary Wednesday for Washington estate tax. July 1, 2026, is the date Washington’s estate tax rates are scheduled to change once again—and this time, the news is mostly good for estates of all sizes.
Washington’s estate tax has been in flux since July 2025. Here’s how the rates have evolved:
Before July 1, 2025: The estate tax exclusion amount was frozen at $2.193 million since 2018, and estate tax rates ranged from 10% on the first million dollars of taxable estate value to 20% on the portion of a taxable estate greater than $9 million.
July 1, 2025 – June 30, 2026: The estate tax exclusion amount increased to $3 million July 1, 2025, increased again to $3.076 million on January 1, 2026, and was set to continue to increase annually in line with inflation. Rates increased significantly, ranging from 10% on the first million to a top rate of 35% on estates with a taxable value greater than $9 million.