// Exemption

Pensions, annuities, profit-sharing plans

Insurance Premiums Tax exemption · RCW 48.14.020(1)(a); 48.14.021 · enacted 1963

All exemptions & deductions

Details

Citation
RCW 48.14.020(1)(a); 48.14.021
Study reference
E1277-1
Tax type
Insurance Premiums Tax
Preference type
Exemption
Category
Tax Base
Year enacted
1963
End date
None scheduled

Fiscal impact (2024 study estimates)

Revenue if repealed — local ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Revenue if repealed — state ($M)
FY 2024: 0 · FY 2025: 130.139 · FY 2026: 147.76 · FY 2027: 153.78
Taxpayer savings — local ($M)
FY 2024: 0 · FY 2025: 0 · FY 2026: 0 · FY 2027: 0
Taxpayer savings — state ($M)
FY 2024: 136.42 · FY 2025: 141.97 · FY 2026: 147.76 · FY 2027: 153.78

CTI = confidential taxpayer information · D = unable to disclose

From the 2024 DOR Tax Exemption Study

82.38.180(2)(d) | Lost or destroyed fuel | Fuel Tax | Refund | Business | 1923 | | | 7.04 | 7.11 | 7.18 | 7.25 | 0 | 6.52 | 7.18 | 7.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 257 | E1253-1 | 82.38.180(1)(f) | Power pumping unit | Fuel Tax | Refund | Other | 2013 | | | 2.81 | 2.85 | 2.9 | 2.94 | 0 | 2.62 | 2.9 | 2.94 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 258 | E1255-1 | 82.38.180(2)(a) | Logging operations using federally owned roads | Fuel Tax | Refund | Other | 1998 | | | 1 | 1.01 | 1.03 | 1.04 | 0 | 0.93 | 1.03 | 1.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 259 | E1256-1 | 82.38.180(2)(b) | Special mobile equipment | Fuel Tax | Refund | Other | 1971 | | | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 260 | E1257-1 | 82.38.180(2)(c) | Incidental use of public highway | Fuel Tax | Refund | Other | 1979 | | | 0.39 | 0.4 | 0.41 | 0.41 | 0 | 0.37 | 0.41 | 0.41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 261 | E1258-1 | 82.42.020 | Fuel previously taxed | Fuel Tax | Exemption | Other | 1967 | | | I | I | I | I | 0 | I | I | I | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 262 | E1259-1 | 82.42.030(1,2) | Imported and exported fuel | Fuel Tax | Exemption | Other | 1967 | | | 54.86 | 53.21 | 51.42 | 49.81 | 0 | 48.78 |

Does this apply to you?

This is reference data from the 2024 study — not advice, and 2025–26 legislation may have changed it. Three ways to go deeper: