Real estate transfers through a Kansas quitclaim deed may be subject to the following recording fees and taxes.
Recording Fees
Per Kan. Stat. § 28-115, the register of deeds charges the following fees for recording legal documents, including Kansas quitclaim deeds:
- $21 for the first page, not to exceed 8 ½ in. x 14 in.
- $17 for each additional page or fraction thereof
- $12.50 for acknowledgment of a signature
- $2 per page for the register of deeds technology fund (Kan. Stat. § 28-115a)
Taxes
Kansas does not charge a real estate transfer tax. Depending on the terms of your Kansas quitclaim deed, you may still owe federal taxes for conveying real estate, including US gift tax and capital gains tax.
1. US Gift Tax (Form 709)
Kansas does not charge a gift tax. However, you may owe federal gift tax for property transferred with consideration over a certain amount. The Internal Revenue Service (IRS) updates the exemption values annually [1]. If you gifted property over that exemption value, you must submit Form 709 [2] along with your annual income taxes.
2. Capital Gains Tax
Kansas taxes capital gains as income in your individual tax filing. Rates vary depending on your annual income. In addition, you may owe federal tax on capital gains. The IRS determines the capital gains tax rate based on your annual income and the length of time you owned the property [3].
