Allows taxpayers to prepay capital gains taxes six months before the due date.

The bill adds a new section to Washington's tax code, enabling taxpayers to prepay their capital gains taxes six months prior to the due date. This prepayment must follow the prescribed manner and form set by the Department of Revenue. Notably, if the department finds that the taxpayer overpaid, no interest will be assessed for the period before the due date, and the taxpayer will receive a remittance.

Allows taxpayers to prepay capital gains taxes six months before the due date.

The bill adds a new section to Washington's tax code, enabling taxpayers to prepay their capital gains taxes six months prior to the due date. This prepayment must follow the prescribed manner and form set by the Department of Revenue. Notably, if the department finds that the taxpayer overpaid, no interest will be assessed for the period before the due date, and the taxpayer will receive a remittance.