If California real estate withholding was reported on your Form 593, Real Estate Withholding Statement, enter the withholding amount in your California return to claim the credit. Real estate withholding is generally a prepayment of California income tax related to the sale or transfer of California real property.
What Is Form 593?
Form 593 is used to report withholding submitted to the California Franchise Tax Board (FTB) for certain California real estate transactions. The withholding amount may be claimed as a credit on your California income tax return.
What You'll Need
Have a copy of your Form 593 available and locate the withholding amount reported on the form, which you will need to enter into the program.
Program Pathway
- State
- Edit California State Return (3 dots and select Edit)
- Payments
- CA Real Estate Withholding (from Form 593)
Additional Information
- Real estate withholding applies to certain California real property sales and transfers and is generally a prepayment of California income tax.
- Certain transactions may qualify for a withholding exemption, including some sales of $100,000 or less and other qualifying situations listed on Form 593.
- Keep a copy of Form 593 with your tax records to support the withholding credit claimed on your return.
For additional information please refer to this CA Franchise Tax Board article here.