Federal Revenue Stamps

Concept of Federal Revenue Stamps in the context of U.S. Real Property

A short definition of Federal Revenue Stamps: Also called IRS stamps. A transfer tax of $ .55 per $500, based on the sale price of real estate (less remaining loans). The tax ended as a federal tax and was taken up by most states with slight modifications in some areas. See also: Documentary Transfer Tax.

Concept of Federal Revenue Stamps in the context of U.S. Real Property

A short definition of Federal Revenue Stamps: Also called IRS stamps. A transfer tax of $ .55 per $500, based on the sale price of real estate (less remaining loans). The tax ended as a federal tax and was taken up by most states with slight modifications in some areas. See also: Documentary Transfer Tax.