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Click ‘Get Form’ to open the 84 0001a 2015 form in the editor.
Begin by entering the information for the TRANSFEROR. Include names, addresses, and the percentage of ownership sold. If there are multiple transferors, attach a list.
Next, fill in the details for the TRANSFEREE, including names and ownership percentages. Again, attach a list if necessary.
Select the type of entity involved in the transfer by checking one of the provided boxes (Corporation, Partnership, Trust, Limited Liability Company).
Provide real property values by selecting a location and entering the County Tax Parcel number along with the True & Fair Value of real property.
Complete the tax computation section by summing up any taxes due and entering them in the appropriate fields.
Both transferor and transferee must sign and date the affidavit certifying that all information is accurate before submitting.

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Who must file form 7208?

Form 7208 is used by corporations to calculate the excise tax on stock repurchases. Under the IRS regulation in Section 4501 (the stock repurchase excise tax), certain corporations, known as covered corporations, are required to file this excise tax for any stock repurchases made during the tax year.

What is excise tax on sale of home in Washington state?

Washington state levies a real estate excise tax (REET) on all property sales. This state tax rate is 1.28% of a propertys full selling price.

What is an excise tax affidavit in Washington state?

A Real Estate Excise Tax Affidavit, along with a conveyance document (deed), must be presented to the Treasurers office for processing and collection of tax or fees due within 30 days of the sale/dated document. This is done prior to presenting that conveyance document to the Auditors office for recording.

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