{"data":{"id":"us-wa/rcw-82.87.060","jurisdiction":"us-wa","citation":"RCW 82.87.060","heading":"Deductions.","body":"In computing tax for a taxable year, a taxpayer may deduct from his or her Washington capital gains:\n(1) A standard deduction of $250,000 per individual, or in the case of spouses or domestic partners, their combined standard deduction is limited to $250,000, regardless of whether they file joint or separate returns. The amount of the standard deduction shall be adjusted pursuant to RCW 82.87.150;\n(2) Amounts that the state is prohibited from taxing under the Constitution of this state or the Constitution or laws of the United States;\n(3) The amount of adjusted capital gain derived from the sale or transfer of the taxpayer's interest in a qualified family-owned small business pursuant to RCW 82.87.070; and\n(4) Charitable donations deductible under RCW 82.87.080.","path":["Title 82","Chapter 82.87"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=82.87.060","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T04:31:32Z","sha256":"a92541e85743a9144415d50e6426d6fef1c8fcee435439dcfa19632aee5b80ee","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-82.87.050","next":"us-wa/rcw-82.87.070"},"notice":"GroundRules: Original legal text. Not legal advice."}