DawnC
Expert Alumni

Deductions & credits

The Washington capital gains tax is considered an excise tax and therefore is not deductible on your federal return.   The excise tax cannot be deducted from federal ordinary income because the levy does not fit within any of the types of state or local taxes.   

 

[edited 02/05/25 | 11:44 PST] 

 

When requesting WA be added, it was determined that the tax is not deductible on your federal return.   @mattmi88 

 

 

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