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What form do sellers use to certify they are exempt from withholding?

April 26, 2017certify exempt form Sellers withholding

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What form do sellers use to certify they are exempt from withholding?

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Use Form WC to certify under penalty of perjury that the transferor is exempt from withholding. See the instructions for Form WC part A and list the details regarding your exempt status. Give the completed form to your authorized agent at the closing or before receiving any funds. Keep a copy for your records.

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There is no Department of Revenue form for exempt transferors. Non-exempt transferors must complete and sign Form WC to certify under penalty of perjury that they have an exempt transfer.