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Add my husband = excise tax?

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Icon Mini Profile Bramsche





Joined: 11 Feb 2011

Posts: 1

1.33 Dollars($)
Post Posted: Fri Feb 11, 2011 10:36 pm    Post subject: Add my husband = excise tax?
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Hello.

Last year my then boyfriend and I refinanced our house and I added him to the title doing a quick claim deed. I purchased the home three years prior and made payments to the mortgage company with no issues. We pay the mortgage from the same account (my husband is a signer now). Today I received a notice that I owe excise tax for half of the payoff amount when I refinanced.

This doesn't make any sense since the property was not sold. I live in Washington state. Should I pay the tax or do I have a valid argument to contest this?

Thank you.
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10460
Location: Nevada
987.57 Dollars($)
Post Posted: Sat Feb 12, 2011 12:32 am    Post subject:
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Hi Bramsche,

You should contact a tax adviser and a real estate attorney and take their opinion in this matter. They will be able to guide you in this regard.

Thanks
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