Get Jefferson County Excise Tax Affidavit Form

As of January 1, 2023, providers of affordable housing in Washington State have access to a new exemption from the excise tax on real estate sales (also known as the real estate excise tax, or “REET”). This new exemption, codified at RCW 82.45.

Washington — Real Estate Excise Tax Affidavit Download This Form. Please use the link below to download 2022-washington-rev-84-0001a.pdf, and you can print it directly from your computer.

This return is used for reporting your business income, sales tax, and use tax.

Real estate excise tax (REET) is a tax on the sale of real property. All sales of real property in the state are subject to REET unless a specific exemption is claimed. The seller of the property typically pays the real estate excise tax, although the buyer is liable for the tax if it is not paid.

Sales tax applies to almost anything you purchase while excise tax only applies to specific goods and services. Sales tax is typically applied as a percentage of the sales price while excise tax is usually applied at a per unit rate.

What is Washington's real estate excise tax? For the portion of the selling price that is:Real Estate Excise Tax RateLess than or equal to $525,0001.1%Greater than $525,000 and less than or equal to $1,525,0001.28%Greater than $1,525,000 and less than or equal to $3,025,0002.75%Greater than $3,025,0003.0% Feb 17, 2023

This return is used for reporting your business income, sales tax, and use tax.

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