Washington rev 84 0001b 2012 form-2026

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  1. Click ‘Get Form’ to open the washington rev 84 0001b 2012 form in the editor.
  2. Begin by entering the information for all transferors in the designated fields, including their names, addresses, and percentage of ownership sold. If there are multiple transferors, attach a list.
  3. Next, fill in the transferee details similarly. Include names, addresses, and ownership percentages. Again, attach a list if necessary.
  4. Select the type of entity involved in the transfer by checking the appropriate box. Provide the name and address of the entity whose ownership is being transferred.
  5. For real property values, select the location and enter the County Tax Parcel number along with the True & Fair Value of real property. The platform will automatically calculate state and local tax rates based on your entries.
  6. Complete the tax computation section by summing up any taxes due and entering them in their respective fields. Ensure both transferor and transferee sign where indicated.

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Transfer taxes: This common fee, referred to in Washington as the real estate excise tax, is the tax you pay to the state when you sell property. The rate is graduated, ranging from 1.1 percent of the homes sale price for homes $525,000 or less to 3 percent for homes more expensive than $3.025 million.
Controlling Interest Transfer Return (Use Form No. 84-0001A for reporting transfers by deed or real estate contract to the county treasurer/recorder of the county in which the real property is located.)
The seller typically pays the REET. Excise taxes assessed on a conveyance (transfer) must be paid before the recording of the conveyance documents. This includes documents like the warranty deed and real estate contract.
Form 84 0001a. Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A) Only for sales in a single location code on or after March 1, 2023. This affidavit will not be accepted unless all areas on all pages are fully and accurately completed. This form is your receipt when stamped by cashier.
A controlling interest transfer occurs when there is a 50% or more change of ownership in an entity. If that entity owns real property in Washington state, a controlling interest transfer return must be filed within five days of the completed transfer.
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Court order. The transfer of property under the terms of a court order in an estate is exempt. A certified copy of the court order requiring the transfer and confirming the grantor is required to make the transfer are required. A REET affidavit is required to claim this exemption.
Graduated REET Structure effective Jan. 1, 2023 for the state portion of REET Sale price thresholdsTax rate $525,000 or less 1.10% $525,000.01 - $1,525,000 1.28% $1,525,000.01 - $3,025,000 2.75% $3,025,000.01 or more 3%

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