Real Estate Excise Tax Information & Form - Lewis County - lewiscountywa 2026

Get Form
Real Estate Excise Tax Information & Form - Lewis County - lewiscountywa Preview on Page 1

Here's how it works

01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Real Estate Excise Tax Information & Form - Lewis County - lewiscountywa with our platform

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2
  1. Click ‘Get Form’ to open it in the editor.
  2. In Box 1, enter the name and address of the seller or grantor releasing interest in the property.
  3. In Box 2, fill in the name and address of the buyer or grantee gaining interest in the property.
  4. Box 3 requires you to provide the mailing address for property tax correspondence. Ensure this is accurate for future communications.
  5. Enter all tax parcel numbers in Box 3; remember, this should be a 12-digit number, not an address.
  6. For Box 4, include a full legal description of the property being transferred.
  7. In Box 5, check yes or no for special classifications and select the appropriate property type.
  8. If applicable, describe any personal property included in the sale in Box 6.
  9. Complete Boxes regarding transaction type and WAC numbers as necessary based on your situation.
  10. Ensure both buyer and seller sign in Box 7 to finalize the affidavit.

Start using our platform today to easily complete your Real Estate Excise Tax Information & Form!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
Washingtons excise taxes apply to all business activities conducted in the state. Corporations, partnerships, sole proprietorships, joint ventures, nonprofit organizations, limited liability organizations, etc., conducting business in this state are all subject to these taxes, even if they do not have an office here.
Excise taxes are independent of income taxes. Often, the retailer, manufacturer or importer must pay the excise tax to the IRS and file the Form 720. Some excise taxes are collected by a third party. The third party then sends the tax to the IRS and files the Form 720.
All sales of real property in Washington state are subject to REET, unless a specific exemption applies. Usually, the seller pays this tax, but if they dont, the buyer is responsible. If the tax isnt paid, it can create a lien on the property itself.
A 2% contractors excise tax is imposed on the gross receipts of all prime and subcontractors engaged in construction services or reality improvement projects.
Is excise tax deductible? If a business pays excise taxes deemed an ordinary and necessary expense for conducting their business or trade, they can claim excise taxes as a business expense. However, if the excise tax is for a personal expense, it is not deductible.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more
ccpa2
pci-dss
gdpr-compliance
hipaa
soc-compliance
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

In certain areas, real estate excise taxes can also be referred to as a real estate transfer tax, a conveyance fee, a recordation tax, a documentary transfer tax, or a deed transfer tax. While the transfer fee varies from state to state, it is typically the responsibility of the seller to cover the amount of the tax.
Excise tax is an indirect tax on specific goods, services and activities. Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.
Deducting property taxes for real estate You should receive a Form 1098 by Jan. 31. If you dont, contact your mortgage lender and they can resend the form. Your real estate taxes may be divided if you bought or sold real estate.

Related links