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turbodb
New Member

TurboTax does not file WA state return, even with >$250,000 in Capital Gains

Last year (TY 2025), I sold close to $500,000 in stock, nearly all of which was long term capital gains reported to the IRS. 

 

This shows up correctly in TT for my Federal Return, but doesn't seem to register at all when I click in to State Taxes to work on my WA return. TT also completes its "State Review" with no errors, and says I am due a refund of $0 (and don't need to file a state return).

 

What is going on? How do I get TT to recognize that I owe WA cap gains excise tax on my cap gains?

 

Thanks!

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1 Reply
Vanessa A
Employee Tax Expert

TurboTax does not file WA state return, even with >$250,000 in Capital Gains

Washington state does not have an income tax, therefore TurboTax does not have a Washington state return option. 

 

It does appear that WA has recently adopted legislation to put a tax on those with income over $1,000,000, but this would not be in effect for 2025. 

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