Washington State Form 17 Withholding In Virginia

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Washington state form 17 withholding in Virginia is a document designed to facilitate tax withholding processes for transactions involving real estate. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants navigating property sales in Virginia while adhering to Washington state tax laws. Key features of the form include sections for the seller's and agent's information, legal description of the property, and details about the professional fee payable upon closing. Users should carefully complete all required fields, ensuring accurate representation of the sale terms for effective tax compliance. It is crucial to understand the agency relationships involved, such as whether the agent represents the buyer, seller, or acts as a transactional agent. This form serves as a pivotal tool in ensuring transparency and accountability in real estate transactions, protecting the interests of all parties involved. Familiarity with this form will aid legal professionals in advising their clients effectively, ensuring adherence to both state laws and best practices in property sales.

Form popularity

FAQ

Virginia has reciprocity agreements with Kentucky, Maryland, the District of Columbia, West Virginia, and Pennsylvania. If you are a resident of one of these states, and meet certain conditions, you may not need to file a Virginia income tax return. See Reciprocity for more information.

In-State Tuition for Select Out-of-State Programs The following states are partners - Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

Yes. Any payments reportable for federal purposes are also reportable for Virginia purposes. Since these payments are subject to federal withholding, Virginia income tax must also be withheld.

FORM VA-4 INSTRUCTIONS You must file this form with your employer when your employment begins. If you do not file this form, your employer must withhold Virginia income tax as if you had no exemptions.

States that have reciprocity with Virginia are: Kentucky. Maryland. Pennsylvania. West Virginia.

By TurboTax• 649• Updated 5 days ago If you're a resident of...and you work in... California, Indiana, Oregon, or Virginia Arizona Anywhere other than District of Columbia District of Columbia Iowa, Kentucky, Michigan, or Wisconsin Illinois Kentucky, Michigan, Ohio, Pennsylvania, or Wisconsin Indiana13 more rows •

Washington State requires sellers of residential real property to thoroughly disclose material facts on a form called the Residential Real Property Disclosure Statement (often referred to as Form 17).

Note: The W-4 form 2024 steps are the same as the W-4 form 2025 steps. Step 1: Enter your personal information. Step 2: Account for all jobs you and your spouse have. Step 3: Claim your children and other dependents. Step 4: Make other adjustments. Step 5: Sign and date your form.

Higher Withholding: Select YES if you (1) hold more the one job at a time, or (2) are married filing jointly and your spouse also works. The correct amount of withholding depends on income earned from all of these jobs.

Withholding is the amount of income tax your employer pays on your behalf from your paycheck. Learn how to make sure the correct amount is being withheld and how to change it.

Trusted and secure by over 3 million people of the world’s leading companies

Washington State Form 17 Withholding In Virginia