A microprocessor with reduced context switching overhead and a corresponding method is disclosed. The microprocessor comprises a working register file that comprises dirty bit registers and working registers. The working registers including one or more corresponding working registers for each of the dirty bit registers. The microprocessor also comprises a decoder unit that is configured to decode an instruction that has a dirty bit register field specifying a selected dirty bit register of the dirty bit registers. The decoder unit is configured to generate decode signals in response. Furthermore, the working register file is configured to cause the selected dirty bit register to store a new dirty bit in response to the decode signals. The new dirty bit indicates that each operand stored by the one or more corresponding working registers is inactive and no longer needs to be saved to memory if a new context switch occurs.