![]() Deposit of portion of tax in municipal revenue sharing account. One part payable to state and the other to municipality in which paid. Imposition of tax on conveyances of real property for consideration. The most commonly used are conveyances between spouses, conveyance due to foreclosure, and conveyance for little or no consideration. REAL ESTATE CONVEYANCE TAX Table of Contents. There are 22 exceptions that are noted on the back of the instructions to the return. Are there any exceptions to the Connecticut Real Estate Conveyance Tax? If a home sells for $200,000.00, the Seller will have to pay $1,500.00 to the State of Connecticut, and $1,000.00 to the Town. To access State Conveyance Tax Forms, click here to visit the State Department of Revenues Services website. 0050 of every dollar to the local municipality (that’s 1/2 of 1%). 0075 of every dollar to the State (thts 3/4 of 1%) and. In Connecticut, the real estate conveyance tax is. Visit portal.ct.gov/TSC and click on Real Estate Conveyance to file the return electronically. ![]() The amount of the conveyance tax is dependent on the value of the real estate property being conveyed. Electronic Real Estate Conveyance (eREC) application. How much is the real estate conveyance tax in Connecticut? 10/16 Clear Fields Go Back to OP-236 Use OP-236 Schedule A to provide the required information if there are additional grantors/sellers. A fillable online version is available here. Department of Revenue Services State of Connecticut OP-236 Schedule A - Grantors Supplemental Information for Connecticut Real Estate Conveyance Tax Return OP236A 10Rev. You must also present a completed and signed OP-236 – Connecticut Real Estate Conveyance Tax Return. The real estate conveyance tax MUST be paid to the Town Clerk (note: not the tax collector) at the time that the Deed transferring title is recorded on the land records. The conveyance tax is paid BOTH to the State of Connecticut as well as to the municipality in which the property is located. However, there are some clever Sellers that put the burden of paying the conveyance tax on the Buyer in the real estate purchase and sale contract. A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller.
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