Get the free Form 593-C

This form is used for certifying the withholding requirements for real estate transactions in California, ensuring correct tax withholding based on various exemptions and certifications relevant to

How to fill out form 593-c

How to fill out Form 593-C

1. Obtain Form 593-C from the California Department of Tax and Fee Administration website or your tax preparer.
2. Enter your name, address, and contact information in the designated fields.
3. Provide information about the property being sold, including its address and sale price.
4. Indicate the type of transaction (e.g., sale, transfer) in the appropriate section.
5. Fill in any exemptions or credits applicable to the transaction, if applicable.
6. Sign and date the form to certify that the information provided is accurate.
7. Submit the completed form to the Escrow company or the buyer, as required.

Who needs Form 593-C?

1. Individuals or entities selling real estate in California.
2. Buyers who are acquiring property and need to report withholding tax.
3. Tax professionals preparing forms on behalf of clients involved in real estate transactions.

People Also Ask about

What is California form 593 C?

The purpose of Form 593 is to report the real estate withholding tax to the Franchise Tax Board (FTB) in California.

How to make a payment to California franchise tax board?

FTB offers a variety of payment options including direct pay from your bank account via our Web Pay service (free), online credit card payments (subject to fees), and payment plans for eligible taxpayers (subject to fees).

Who is exempt from CA real estate withholding?

Exemptions: If the sales price is $100,000.00 or less, the exemption is automatic, no form needs to be completed. The Seller has owned and used the property as his principal residence at least 2 out of the 5 year period right before the sale.

Who fills out California form 593?

Any remitter (individual, business entity, trust, estate, or REEP) who withheld on the sale/transfer of California real property must file Form 593 to report the amount withheld. If this is an installment sale payment after escrow closed, the buyer/transferee is the responsible person.

Who do I write my California state tax check to?

How to pay Use Estimated Tax for Individuals (Form 540-ES) vouchers to pay your estimated tax by mail. Make your check or money order payable to the “Franchise Tax Board” Write your SSN or ITIN and “2024 Form 540-ES” on it.

How do I write a check for Franchise Tax Board?

Using black or blue ink, make your check or money order payable to “Franchise Tax Board.” Do not send cash. Write your SSN or ITIN and “2024 FTB 3582” on the check or money order. Make all checks or money orders payable in U.S. dollars and drawn against a U.S. financial institution.

For pdfFiller’s FAQs

What is Form 593-C?

Form 593-C is a California withholding certificate that allows a buyer of real estate to report and claim certain exemptions from withholding on the sale of California real property.

Who is required to file Form 593-C?

Form 593-C must be filed by buyers of real estate in California when the seller claims an exemption from withholding on the sale of the property.

How to fill out Form 593-C?

To fill out Form 593-C, provide information such as the buyer's name, address, seller's name, the property address, and the reason for the withholding exemption by checking the appropriate box and following the instructions provided on the form.

What is the purpose of Form 593-C?

The purpose of Form 593-C is to allow sellers to certify their eligibility for exemption from withholding on the sale of California real property, ensuring compliance with state tax withholding regulations.

What information must be reported on Form 593-C?

Form 593-C requires reporting the buyer's and seller's names, addresses, the property address, the exemption claimed, and any other information as specified in the form instructions.