By: Eric J. Sachtjen
The Washington Department of Revenue announced the 2017 Estate Tax Applicable Exclusion Amount is $2,129,000. The Applicable Exclusion Amount is the amount that can pass free of Washington’s estate tax.
The 2017 filing threshold remains at $2,000,000 so decedents with estates above $2,000,000, but below $2,129,000, will still must file Washington estate tax returns.