The Washington Real Estate Excise Tax Affidavit form is a crucial document that property sellers in Washington state are required to fill out as part of the real estate transaction process. This essential piece of paperwork helps determine the amount of excise tax owed on the transaction, serving as both a declaration and an agreement by the seller on the tax calculation based on the sale price of the property. For seamless navigation through your real estate sale, make sure to carefully complete the form by clicking the button below.
When it comes to the sale or transfer of real estate in Washington State, the Washington Real Estate Excise Tax Affidavit form plays a pivotal role in the process. This crucial document is not only a testament to the transaction but also a key player in the assessment and collection of excise taxes that are due upon the transfer of property. Through this affidavit, sellers declare the sale price among other important information, which helps determine the tax owed. Furthermore, the form serves to provide transparency and ensures compliance with state laws, making it an indispensable step in the property selling process. As real estate transactions can vary greatly in complexity and size, understanding the specifics of the affidavit, from who needs to fill it out to how it affects the overall tax obligations, is essential for anyone involved in property dealings within the state. This article delves into the major aspects of the Washington Real Estate Excise Tax Affidavit form, offering a straightforward guide to navigating this critical document.
Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A)
Only for sales in a single location code on or after January 1, 2020.
This affidavit will not be accepted unless all areas on all pages are fully completed.
Reset form
Form 84 0001a
This form is your receipt when stamped by cashier. Please type or print.
Check box if partial sale, indicate %
sold.
Check box if the sale occurred in more than one location code.
List percentage of ownership acquired next to each name.
1 Seller/Grantor
2 Buyer/Grantee
Name
Mailing address
City/state/zip
Phone (including area code)
3 Send all property tax correspondence to:
Same as Buyer/Grantee
List all real and personal property tax
Personal
Assessed
parcel account numbers
property?
value(s)
$ 0.00
Street address of property
This property is located in
Select Location
(for unincorporated locations please select your county)
Check box if any of the listed parcels are being segregated from another parcel, are part of a boundary line adjustment or parcels being merged. Legal description of property (if you need more space, attach a separate sheet to each page of the affidavit).
5
Select land use code(s)
Enter any additional codes
(see back of last page for instructions)
Was the seller receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior
citizen or disabled person, homeowner with limited income)? Yes No
Is this property predominantly used for timber (as classified under RCW 84.84 and 84.33) or agriculture (as classified
under RCW 84.34.020)? See ETA 3215.Yes No If yes, complete the predominate use calculator (see instructions for section 5).
7 List all personal property (tangible and intangible) included in selling price.
If claiming an exemption, list WAC number and reason for exemption.
WAC number (section/subsection) Reason for exemption
6 Is this property designated as forest land per RCW 84.33?
Yes
No
Type of document
Is this property classified as current use (open space, farm
Date of document
and agricultural, or timber) land per RCW 84.34?
Gross selling price
0.00
Is this property receiving special valuation as historical
property per RCW 84.26?
*Personal property (deduct)
If any answers are yes, complete as instructed below.
Exemption claimed (deduct)
(1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE)
Taxable selling price
NEW OWNER(S): To continue the current designation as forest land
or classification as current use (open space, farm and agriculture, or
Excise tax: state
timber) land, you must sign on (3) below. The county assessor must then
Less than $500,000.01 at 1.1%
determine if the land transferred continues to qualify and will indicate
by signing below. If the land no longer qualifies or you do not wish to
From $500,000.01 to $1,500,000 at 1.28%
continue the designation or classification, it will be removed and the
From $1,500,000.01 to $3,000,000 at 2.75%
compensating or additional taxes will be due and payable by the seller
or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to
Above $3,000,000 at 3%
signing (3) below, you may contact your local county assessor for more
Agricultural and timberland at 1.28%
information.
This land:
does
does not qualify for
Total excise tax: state
continuance.
0.0000
Local
____________________________________ ____________________
*Delinquent interest: state
Deputy assessor signature
Date
(2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY)
*Delinquent penalty
NEW OWNER(S): To continue special valuation as historic property, sign
(3) below. If the new owner(s) doesn’t wish to continue, all additional tax
Subtotal
calculated pursuant to RCW 84.26, shall be due and payable by the seller
5.00
*State technology fee
or transferor at the time of sale.
(3) NEW OWNER(S) SIGNATURE
Affidavit processing fee
____________________________
_________________________
Total due
10.00
Signature
A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX
Print name
*SEE INSTRUCTIONS
8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT
Signature of grantor or agent _______________________________
Signature of grantee or agent __________________________
Name (print)
Date & city of signing
Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by
a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)).
To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype
(TTY) users may use the WA Relay Service by calling 711.
84 0001a (3/12/21)
THIS SPACE TREASURER’S USE ONLY
COUNTY TREASURER
Print on legal size paper.
Page 1 of 6
3 Send all property tax correspondence to: Same as Buyer/Grantee
COUNTY ASSESSOR
Page 2 of 6
7 List all personal property (tangible and intangible) included in selling
price.
Was the seller receiving a property tax exemption or deferral
under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior
citizen or disabled person, homeowner with limited income)?
WAC number (section/subsection)
Is this property predominantly used for timber (as classified
Reason for exemption
under RCW 84.84 and 84.33) or agriculture (as classified
under RCW 84.34.020)? See ETA 3215.
If yes, complete the predominate use calculator (see instructions for
section 5).
6
Is this property designated as forest land per RCW 84.33?
DEPARTMENT OF REVENUE
Page 3 of 6
84 0001a(3/12/21)
TAXYPAYER
Print form
Page 4 of 6
Instructions
Note: To report a transfer of a controlling interest in real property, please use the Real Estate Excise Tax Affidavit Controlling Interest Transfer Return, Revenue Form No. 84-0001B. This form is available online at dor.wa.gov.
Section 1:
If the sale involves property in more than one location code, use the Multiple Location Real Estate Excise Tax Affidavit. If sale is less than 100%, check the box “Check if partial sale” and bill in the percentage sold.
Enter the name(s) of seller/grantor exactly as listed on the legal conveyance document including the method of holding title.
Section 2:
Enter the name(s) of buyer/grantee exactly as listed on the legal conveyance document including the method of holding title. List the percentage acquired after each name.
Sect on 3:
•Enter the name and address where you would like all future property tax information sent.
•Enter the tax parcel number and current assessed value for real and personal property being conveyed in this county. Check the box to indicate personal property.
Section 4:
•Enter the street address of the property.
•Enter the county if in unincorporated area. Enter city name if located within a municipality.
•Enter the legal description of the property.
Section 5:
Enter the appropriate land use code for the property. Please list all codes that apply on the lines provided in section 5. See WAC 458-53-030(5) for a complete list.
9 - Land with mobile home
26
- Paper and allied products
64
- Repair services
10
- Land with new building
27
- Printing and publishing
65
- Professional services
11
- Household, single family
28
- Chemicals
(medical, dental, etc.)
units
29
- Petroleum refining and related
71
- Cultural activities/nature
12
- Multiple family residence
industries
exhibitions
(2-4 Units)
30
- Rubber and miscellaneous
74
- Recreational activities
13
- Multiple family residence (5+
plastic products
(golf courses, etc.)
Units)
31
- Leather and leather products
75
- Resorts and group camps
14
- Residential condominiums
32
- Stone, clay and glass products
80
- Water or mineral right
15
- Mobile home parks or courts
33
- Primary metal industries
81
- Agriculture (not in current use)
16
- Hotels/motels
34
- Fabricated metal products
83
- Agriculture current use
17
- Institutional Lodging
35
- Professional scientific
RCW 84.34
(convalescent homes, nursing
and controlling instruments;
86
- Marijuana grow operations
homes, etc.)
photographic and optical goods;
87
- Sale of Standing Timber
18
- All other residential not
watches/clocks manufacturing
88
- Forest land designated
coded
39
- Miscellaneous manufacturing
RCW 84.33
19
- Vacation and cabin
50
- Condominiums-other than
91
- Undeveloped Land (land only)
21
- Food and kindred products
residential
94
- Open space land RCW 84.34
22
- Textile mill products
53
- Retail Trade - general
95
- Timberland classified
23
- Apparel and other finished
merchandise 54 - Retail Trade - food
products made from fabrics,
58
- Retail trade - eating & drinking
96
- Improvements on leased land
leather, and similar materials
(restaurants, bars)
24
- Lumber and wood products
59
- Tenant occupied, commercial
(except furniture)
properties
25
- Furniture and fixtures
•Check yes if the seller was receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit organization, senior citizen, or disabled person, homeowner with limited income).
•Check yes if the land is primarily used for timber as defined by RCW 84.34 and 84.33 or agriculture as defined by RCW 84.34.020. See ETA 3215 for additional information. If the sale involves multiple parcels with different land use codes, complete the predominate use worksheet.
Section 6:
Indicate whether the property is designated as forest land per chapter 84.33 RCW, classified as current use (open space, farm, agricultural, or timber) per chapter 84.34 RCW, or receiving special valuation as historic property per chapter 84.26 RCW.
Section 7:
•List personal property included in the selling price of the real property. For example, include tangible (furniture, equipment, etc.) and intangible (goodwill, agreement not to compete, etc.).
•Use Tax is due on personal property purchased without payment of the sales tax. Report use tax on your Combined Excise
•Tax Return or a Consumer Use Tax Return, both available at dor.wa.gov.
•If you are claiming a tax exemption, cite the specific Washington Administrative Code (WAC) number, section and subsection and provide a brief explanation. Most tax exemptions require specific documentation. Refer to the appropriate WAC to determine documentation requirements. WAC 458-61A is available online at dor.wa.gov.
•Enter the type of document (quit claim deed, statutory warranty deed, etc.), and date of document (MM/DD/YYYY).
•Enter the selling price of the property.
•Selling price: For tax purposes, the selling price is the true and fair value of the property conveyed. When property is conveyed in an arm’s length transaction between unrelated persons for valuable consideration, there is a presumption that the selling price is equal to the total consideration paid or contracted to be paid, including any indebtedness. Refer to RCW 82.45.030 for more information about selling price.
•Deduct the amount of personal property included in the selling price.
•Deduct the amount of tax exemption claimed per WAC 458-61A.
Page 5 of 6
Instructions Continued
•Calculate the state excise tax:
The state portion of excise tax is calculated using a graduated tax rate structure. The amount of tax increases as the amount of the transaction increases. Each portion of the sales amount is taxed at a different rate.
Exception: Property designated as farm and agriculture or timberland is taxed at 1.28% per 83.34 RCW.
Instructions:
1.Enter the sale amount that falls within the specific threshold in column A.
2.Multiply the amount in column A by the state rate in column B. Enter the results in column C.
3.Enter the amount in column C on the appropriate threshold line on page 1 of the affidavit.
Example: This is how the state REET tax would be calculated on a sale totaling $1,600,000:
Column A
Column B
Column C
Threshold
Amount within threshold
State rate
Tax
0 to $500,000
500,000
1.1%
5,500
500,000.01 – 1,500,000
1,000,000
1.28%
12,800
1,500,000.01 to 3,000,000
100,000
2.75%
2,750
3,000,000.01 and above
0
3.0%
Totals
$1,600,000
$21,050
Calculate the state excise tax due using this chart:
Enter the total tax due amount on the Excise Tax: State line on the first page of the affidavit.
•Due Date, interest and penalties: Tax is due at the time of sale/transfer. If tax is not paid within one month of the date of sale/transfer, interest and penalties will apply. The interest rate is variable and determined per RCW 82.32.050. Delinquent penalties are 5% one month after the due date; 10% two months after the due date; and 20% three months after the due date. (RCW 82.45.100)
•State technology fee: A $5.00 Electronic Technology Fee that is due on all transactions. (82.45.180)
•Affidavit processing fee: A minimum of $5.00 shall be collected in the form of tax and processing fee. A processing fee is due on all transactions where no tax is due and on all taxable transactions where the tax due is less than $5.00. (RCW 82.45.180)
Section 8:
Both grantor (seller) and grantee (buyer), or the agent of each, must sign this form, certifying that all the information provided is correct. Note: Original signatures required on the “County Treasurer” copy. Signatures may be required on the “Assessors” copy. Check with your county.
Audit:
Information you provide on this form is subject to audit by the Department of Revenue. Underpayments of tax will result in the
issuance of a tax assessment with interest and penalties. Note: in the event of an audit, it is the taxpayer’s responsibility to provide documentation to support the selling price or any exemption claimed. This documentation must be maintained for a minimum of four years from date of sale. (RCW 82.45.100)
Ruling requests:
You may request a ruling on the taxability of the property transfer. Go to our website at dor.wa.gov/rulings or fax your request to
360-705-6655.
Where to send completed forms:
Completed forms must be submitted to the County Treasurer’s or Recorder’s Office where the property is located.
To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype (TTY) users may use the WA Relay Service by calling 711.
Page 6 of 6
The Washington Real Estate Excise Tax Affidavit is a critical document required in the process of transferring real estate in Washington state. This affidavit ensures that the transaction complies with state tax regulations, and it must be accurately completed and submitted to avoid any unnecessary delays or legal issues during the transfer process. Here are the steps for filling out the form, designed to guide you through the necessary details without assuming prior knowledge of the document.
After the Washington Real Estate Excise Tax Affidavits is submitted, the county will review the document as part of the process in officially transferring the property. This may involve cross-referencing the affidavit with public records and contacting the parties involved for additional information or clarification. Once all requirements are satisfied, and any due taxes are paid, the transfer of property can be successfully recorded with the county. Ensuring that the affidavit is filled out correctly and completely is key to a smooth and efficient process.
The Washington Real Estate Excise Tax Affidavit is a legal document required in the state of Washington. It must be completed and submitted by parties involved in a real estate transaction. This affidavit provides necessary information for the calculation and payment of excise taxes that are due upon the sale or transfer of real estate property.
Both the seller and the buyer in a real estate transaction are responsible for ensuring that the Washington Real Estate Excise Tax Affidait is properly completed and filed. Typically, the responsibility primarily falls on the seller, but it is important for both parties to ensure the process is completed to avoid penalties.
The affidavit should be filed at the time of sale or transfer of the real estate property. It's important to check the current requirements as deadlines may vary, but generally, the document should be filed with the county assessor's office where the property is located as soon as the transaction is completed.
The form requires detailed information about the transaction, including but not limited to:
The excise tax is calculated based on the sale price of the property or its fair market value at the time of the transfer, whichever is higher. The tax rates may vary depending on the location of the property within the state. Counties may impose additional taxes. It is advisable to consult with a professional or check the current rates at the Department of Revenue’s website.
Yes, there are exemptions available for certain types of transfers, including but not limited to:
It's important to review the specific criteria for these exemptions to determine eligibility.
The form is available at the county assessor's office where the property is located or on their official website. Additionally, the Washington State Department of Revenue’s website provides the form and detailed instructions on how to complete and file it. For personalized guidance, consider consulting with a real estate attorney or professional.
Filling out the Washington Real Estate Excise Tax Affidavit form requires attention to detail. There are common mistakes that people often make during the process. Being aware of these mistakes can help individuals avoid them, ensuring the form is filled out correctly and complies with the requirements.
Failing to provide complete information for all required fields on the form. Every section of the affidavit demands attention, and leaving blanks can lead to processing delays or rejections.
Incorrectly calculating the excise tax due. This is a critical step, and errors here can affect the total tax liability. It's essential to follow the instructions carefully or seek professional help if needed.
Misidentifying the property type. Property classification influences the tax rate applied. Selecting the wrong category can lead to an incorrect tax calculation.
Not signing or dating the form. An unsigned or undated form is considered incomplete and will not be processed until corrected.
Overlooking the need to attach required supporting documents. Depending on the transaction specifics, additional documentation may be necessary to support the information provided in the affidavit.
Using outdated forms. Forms are periodically updated to reflect changes in tax laws or reporting requirements. Always ensure you're using the latest version available.
Entering incorrect property sale price. It's crucial to accurately report the sale price of the property, as this directly impacts the tax calculation.
Not consulting with a professional when unsure. Real estate transactions and tax implications can be complex. If there are any uncertainties, it's wise to seek guidance from a real estate or tax professional.
Avoiding these mistakes not only helps to streamline the filing process but also ensures compliance with Washington state tax laws. Taking the time to carefully review the form and double-check all entries can save individuals time and prevent potential issues with their real estate transactions.
In Washington State, the real estate transaction process involves several key documents that work in tandem with the Real Estate Excise Tax Affidavit. These documents are essential for validating, recording, and completing real estate transactions. Each serves a specific purpose, contributing to the seamless execution of real estate transfers. Here’s a look at some of these documents and what they entail.
Together, these documents provide a comprehensive framework for real estate transactions, ensuring legal compliance, financial clarity, and the rightful transfer of property ownership. The Real Estate Excise Tax Affidavit is just one of several crucial components in this intricate process. Understanding each document’s role is essential for anyone involved in real estate transactions in Washington State.
The Washington Real Estate Excise Tax Affidavit form is similar to a variety of other documents used in real estate and tax compliance, each of which serves a specific purpose in the broader context of property transactions and government record-keeping. These documents, while differing in their specific functions, share a foundational goal of documenting and ensuring the legality and transparency of property transactions and the associated tax implications.
One document similar to the Washington Real Estate Excise Tax Affidavit form is the HUD-1 Settlement Statement. This legal document is utilized in real estate transactions involving federally related mortgage loans. It itemizes all charges imposed on borrowers and sellers during real estate transactions. Just like the Washington Real Estate Excise Tax Affidavit, the HUD-1 Settlement Statement provides a detailed account of the financial transaction between parties. It lays out charges, such as real estate commissions, loan fees, points, and escrow amounts, ensuring that both the buyer and the seller are aware of all fees incurred. The main difference lies in the scope; whereas the Excise Tax Affidavit focuses on the tax aspect, the HUD-1 encompasses all financial details of the transaction.
Another document bearing resemblance is the IRS Form 1099-S. This form is used to report proceeds from real estate transactions to the Internal Revenue Service. Both this form and the Washington Real Estate Excise Tax Affidavit form aim to ensure compliance with tax laws, albeit from slightly different angles. The 1099-S form is specifically concerned with federal tax obligations on the sale of property and must be submitted by the person responsible for closing the transaction. The Excise Tax Affidavit, on the other hand, is focused on the state-level tax implications of such sales, providing detailed information to the state taxation authority about the transaction, including the sale price and tax amount due.
Additionally, the Washington Real Estate Excise Tax Affidavit form shares similarities with the Grant Deed. A Grant Deed is a legal document used to transfer ownership of real property from the seller to the buyer. While the Grant Deed secures the transfer of the title and guarantees that the property has not been sold to another party, the Excise Tax Affidavit accompanies this process by ensuring that the transaction is properly recorded and taxed by state authorities. Both documents are integral to the real estate sales process, with the Grant Deed focusing on the legality of the ownership transfer and the Excise Tax Affidavit dealing with the tax aspects related to this transfer.
When filling out the Washington Real Estate Excise Tax Affidavit, individuals are navigating a crucial step in the process of documenting the sale or transfer of real estate within the state. This document is not only important for legal and taxation purposes but also ensures compliance with state regulations. To assist with this process, here is a comprehensive list of dos and don'ts:
What You Should Do
What You Shouldn't Do
By adhering to these guidelines, individuals can navigate the process of completing the Washington Real Estate Excise Tax Affidavit with greater confidence and efficiency, ensuring compliance with state regulations and contributing to a smoother transaction process.
When it comes to the Washington Real Estate Excise Tax Affidavit form, there are several misconceptions that can create confusion for individuals involved in real estate transactions. Understanding these can help clarify the process and ensure transactions are completed accurately.
Clearing up these misconceptions is crucial for anyone engaging in real estate transactions in Washington State. Proper understanding ensures compliance with state laws and helps avoid unnecessary complications or penalties.
The Washington Real Estate Excise Tax Affidavit (REET Affidavit) is a crucial document in the conveyance of real estate within the state of Washington. Its completion and accuracy are paramount for both the seller and the buyer. Here are seven key takeaways that individuals participating in a real estate transaction should keep in mind regarding this form:
In conclusion, the Washington Real Estate Excise Tax Affidavit is more than just a formality; it is a pivotal document that affects the legal and financial aspects of real estate transactions in Washington. Understanding its importance and ensuring its accurate and timely completion can help facilitate a smooth transfer of property and avoid potential complications.
Spokane Court House - Spokane County Superior Court's form allows jurors to request postponements or excuses due to hardship, emphasizing flexibility in civic participation.
Washington State Declaration Form - Appropriately utilized across a wide range of cases, including civil, criminal, and administrative matters.
Bill of Sale Wa - By delineating specific aspects of an employee's work and compensation, the form assists in accurately determining the level of assistance required.