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Committee hears HB 1376 to allow prepayment of capital gains tax; no revenue impact projected
Senate Ways and Means Committee · January 27, 2026
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Summary
HB 1376 would allow taxpayers to prepay capital gains tax up to six months early with no net revenue impact; staff said earliest allowable prepayment is Oct. 15 and estimated Department of Revenue implementation costs of $97,000 in the current biennium.
House Bill 1376, which would authorize taxpayers to prepay Washington capital gains tax up to six months before the current due date, was briefed Jan. 29 in the Senate Ways and…
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