dileonardoja
Junior Member
What is the name of your state? Washington
I sold a home in 2004. WA imposes a 1.8% Excise tax on the sale. Is that deductible as "Other Taxes" or does it only get recorded as a Cost of selling a home (similar to realator fees). Obviously the former is much more advantageous to most sellers.
I sold a home in 2004. WA imposes a 1.8% Excise tax on the sale. Is that deductible as "Other Taxes" or does it only get recorded as a Cost of selling a home (similar to realator fees). Obviously the former is much more advantageous to most sellers.