Discussion:State of Washington Tax

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Discussion Forum Index --> Basic Tax Questions --> State of Washington Tax


Discussion Forum Index --> Tax Questions --> State of Washington Tax

Rod (talk|edits) said:

1 August 2009
I have a new client who is a resident of Washington state, he sold his residence and bought a new residence this year. He informed me that the State of Washington was paid an excise tax on the sale. Does anyone know if this is deductible as an itemized deduction on the Form 1040?

Taxteck (talk|edits) said:

2 August 2009
Transfer taxes cannot be deducted on Schedule A.

The Tax Court ruled in a summary opinion that Washington state excise taxes are not deductible. See TC Summary Opinion 2004-100.

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