The Washington Real Estate Excise Tax Affidavit form is a document required by the state of Washington, completed during the transfer of real property to detail the sale and determine the excise tax owed. It captures essential information, including the sale price, property description, and the parties involved, to ensure the correct tax calculation. Those seeking to transfer property in Washington can click the button below to start filling out their form accurately and efficiently.
When delving into the vibrant world of real estate transactions within the beautiful state of Washington, one cannot overlook the pivotal role played by the Washington Real Estate Excise Tax Affidavit form. This legal document is not just a formality; it's the linchpin that ensures both the state's financial interests and the transparency of property sales are upheld. As individuals embark on the process of either buying or selling real estate, this affidavit emerges as a cornerstone, encapsulating crucial details about the transaction. From the sale price and property description to any applicable tax exemptions, the information encapsulated within this affidavit provides a comprehensive overview of the deal, thereby facilitating a smoother transition of property ownership. Moreover, it serves as a testament to the state's commitment to maintaining a robust, fair, and transparent framework for real estate transactions. For those embarking on this journey, understanding the intricacies of the Washington Real Estate Excise Tax Affidavit form is not just beneficial; it is indispensable for ensuring compliance with state laws and regulations, ultimately paving the way for a successful property transfer.
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
Filling out the Washington Real Estate Excise Tax Affidavit form is a critical step for anyone involved in a real estate transaction in the state. This form is necessary for the legal transfer of property and ensures that the correct taxes are paid to the state. To make sure it's completed accurately and efficiently, it's essential to follow a step-by-step process. This will ensure that all parties involved adhere to state laws and regulations, facilitating a smoother transition of property ownership.
Once the form is submitted, the transaction moves closer to completion. The affidavit will be reviewed by county officials, and if everything is in order, the transfer of property can proceed. Remember, it's always a good idea to keep a copy of the completed affidavit for your records.
What is the purpose of the Washington Real Estate Excise Tax Affidavit form?
The Washington Real Estate Excise Tax Affidavit form is used as part of real estate transactions in the state of Washington. Its purpose is to document the sale or transfer of property. This form helps in calculating the real estate excise tax which is required to be paid on the transfer of real property. It ensures that all necessary details regarding the sale, such as the sale price, type of property, and any exemptions claimed, are accurately reported to the Department of Revenue.
Who needs to complete the Washington Real Estate Excise Tax Affidavit form?
Both the seller and buyer of the real property are responsible for ensuring that the Washington Real Estate Excise Tax Affidit form is completed. Typically, the seller fills out the form, but the buyer may need to provide some information or ensure the information is accurately reflected, especially in cases where certain exemptions are claimed or the sale involves unique conditions.
Are there any exemptions to the Real Estate Excise Tax that can be claimed on the affidavit?
Yes, there are several exemptions to the Real Estate Excise Tax that can be claimed on the affidavit. These exemptions include, but are not limited to, transfers between spouses or domestic partners, gifts where there is no financial consideration, and transfers of property due to death. It is crucial to carefully review the list of exemptions provided by the Washington State Department of Revenue and consult with a professional if you believe your transfer may qualify for an exemption.
What happens if the Real Estate Excise Tax Affidavit form is not filed or filed incorrectly?
If the Real Estate Excise Tax Affidit form is not filed, or if it is found to be incomplete or incorrect, there may be penalties. The state can impose fines, interest on unpaid taxes, and could possibly place a lien on the property. It is important to ensure the accuracy and completeness of the affidavit to avoid any potential penalties or complications in the property's transfer process.
Where can I find the Washington Real Estate Excise Tax Affidavit form and get assistance in filling it out?
The form is available on the Washington State Department of Revenue's website. It can be downloaded and printed for completion. For assistance in filling out the form, you may consult with a real estate professional, such as an agent or attorney, who has experience with Washington's real estate transactions and the excise tax process. Additionally, the Department of Revenue’s website offers guidelines and FAQs that can help answer questions you might have while completing the form.
In the state of Washington, the Real Estate Excise Tax (REET) Affidavit is a crucial document for the sale, transfer, or acquisition of real estate. It must be filled out with great care, but often people make errors that can delay the process or lead to penalties. Here are nine common mistakes to avoid when completing this important form.
To ensure a smooth real estate transaction process, attention to detail when completing the Real Estate Excise Tax Affidavit is paramount. Avoiding these common mistakes will help in preventing delays, avoiding penalties, and ensuring that the transaction proceeds as planned. While the process might seem daunting, taking it step by step and reviewing requirements thoroughly can mitigate risks and facilitate a successful real estate transfer.
When completing a real estate transaction in Washington, the Real Estate Excise Tax Affidavit form is a key document, but it is often just one piece of a larger puzzle. Various other forms and documents are typically required to ensure a smooth and compliant process. Here's a look at some of these additional forms and documents that may be used alongside the Real Estate Excise Tax Affidavit to facilitate real estate transactions in Washington.
Several of these documents require careful preparation and thorough review, as they play significant roles in the legally binding transfer of property. Working with real estate professionals and legal advisors can help ensure that all paperwork, including the Real Estate Excise Tax Affidavit, is completed accurately and in compliance with Washington laws.
The Washington Real Estate Excise Tax Affidavit form shares similarities with the Grant Deed form, primarily in the sense that they both involve transactions related to real property. A Grant Deed is a legal document that transfers ownership of real property from one person to another. It requires the grantor's signature and usually needs to be notarized. Both documents are integral in the sale and transfer of property, ensuring rightful ownership and the legality of the transaction.
Similar to the Quitclaim Deed, the Washington Real Estate Excise Tax Affidavit is used in the process of property transfer. The Quitclaim Deed offers a way to transfer interest in real property without making any warranties about the title's quality. This form is often used between family members or close associates. The connection between the two lies in their utility for transferring ownership rights, albeit the Excise Tax Affidavit focuses on the tax implications of the transfer.
The HUD-1 Settlement Statement, required in federally regulated mortgage loans, outlines the actual costs of a real estate transaction. It lists all charges and credits to the buyer and seller. The Washington Real Estate Excise Tax Affidavit shares a common purpose with the HUD-1, as it documents specific financial details relevant to the transaction, particularly, the excise tax levied on the sale of the property, bridging the financial transparency in real estate transactions.
The Property Disclosure Statement, mandated in many regions during property sales, requires sellers to disclose any known defects or issues with the property. While serving different purposes, it complements the Washington Real Estate Excise Tax Affidavit by providing a full picture of the transaction's nature, including the financial and conditional aspects of the property being transferred.
The Warranty Deed is another document with similarities to the Excise Tax Affididavit, as it provides guarantees about the title's status and the property's condition during transfer. Its main aim is to protect the buyer's interests. The Excise Tax Affidavit, in conjunction with a Warranty Deed, ensures that all financial and legal aspects of the property's transfer are addressed, safeguarding both parties' rights and responsibilities in the transaction.
The 1099-S form, used by the Internal Revenue Service to report proceeds from real estate transactions, parallels the Washington Real Estate Excise Tax Affidavit in its financial reporting nature. Both documents handle aspects of taxation related to property transactions, ensuring compliance with tax obligations by providing necessary details to the relevant taxation authorities.
Transfer on Death Deed (TODD) allows property owners to name a beneficiary to whom the property will pass at the owner's death, circumventing the probate process. The link between TODD and the Washington Real Estate Excise Tax Affidavit is in their involvement in the property ownership transfer process, though they operate at different times and under different circumstances.
The Mortgage Deed, which indicates the buyer's obligation to pay back the loan used to purchase the property, intersects with the Washington Real Estate Excise Tax Affidavit through the transactional aspect of property law. While the Mortgage Deed focuses on the terms of the loan and the property as security, the Excise Tax Affididavit deals with the tax consequences of the transaction.
Finally, the Title Insurance Policy, which protects buyers and lenders from financial loss due to defects in the title, shares its concern for legal certainty in property transactions with the Washington Real Estate Excise Tax Affidavit. Both documents play pivotal roles in ensuring a smooth and legally sound transfer of property, highlighting the importance of thorough documentation in real estate transactions.
Filling out the Washington Real Estate Excise Tax Affidavit accurately is critical for any real estate transaction in the state. To ensure the process moves smoothly, consider the following guidelines:
Provide accurate and complete information for all required fields. This includes names, addresses, legal descriptions of the property, and sale price.
Review the tax rates and exemptions that apply to your situation. Understanding these can help you accurately calculate the tax owed.
Double-check the document for any errors or omissions before submitting. Even a small mistake can delay processing.
Use the current version of the form. The state may update the form, and using an outdated version could result in processing delays.
Seek advice from a professional if you are unsure about any information required on the form. A real estate professional or attorney can provide valuable guidance.
Leave any sections blank unless specifically instructed. If a section does not apply, mark it as "N/A" to indicate this.
Estimate or guess values and information. Use actual figures and precise data to prevent discrepancies.
Forget to sign and date the form where required. Unsigned documents are considered incomplete and will not be processed.
Ignore the instructions provided with the form. These are designed to help you fill out the form correctly and completely.
Submit the form without making a copy for your records. It's always good practice to have a backup in case questions arise later.
People often have misconceptions about the Washington Real Estate Excise Tax Affidavit form. Understanding these inaccuracies can help in accurately completing the form and ensuring compliance with state requirements.
It's only for selling property: Many believe the form is only for the sale of real property, but it is also required for transfers that may not involve a traditional sale, such as adding or removing a person from the title.
It doesn't apply to gifts: There is a misconception that transferring property as a gift exempts the transaction from the Real Estate Excise Tax (REET). However, gifts of real property do require the form and may be subject to tax, depending on the circumstances.
E-signatures are not acceptable: With technological advances, the belief that e-signatures aren't allowed on the affidavit is outdated. The Department of Revenue accepts e-signatures, following specific guidelines and requirements.
Attorney involvement is necessary: Some people think an attorney must complete the form. While legal advice can be beneficial, especially in complex cases, individuals can complete and submit the form without an attorney's assistance.
The form is the same regardless of the county: While the document is state-mandated, certain counties may have additional requirements or supplemental forms that need to be included with the affidavit.
Real Estate Excise Tax is the same statewide: The base state REET rate is fixed, but local municipalities may impose additional taxes, affecting the overall rate applied to the transfer of real property.
Filing and payment are separate processes: It's commonly misunderstood that the affidavit filing and the tax payment are separate. In fact, they are part of the same process, and the affidavit must accompany the payment of the excise tax.
No penalties for late filing: There's a belief that there are no consequences for filing the affidavit late. The state can impose penalties and interest for late filings and tax payments, emphasizing the importance of timely compliance.
The Washington Real Estate Excise Tax Affidavit form is a critical document that plays an essential role in the process of transferring real estate within the state of Washington. Properly understanding how to fill out and use this affidavit is key to ensuring compliance with state tax regulations and facilitating a smooth transaction process. Below are seven key takeaways regarding the completion and utilization of this form:
Adhering to these key pointers can greatly simplify the process of completing and submitting the Washington Real Estate Excise Tax Affidavit, ensuring a legal and efficient transaction for all parties involved.
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