TAXABLE YEAR
CALIFORNIA FORM
593
Real Estate Withholding Tax Statement
2009
m
Copy A
FOR FRANCHISE
AMENDED:
TAX BOARD
.
00
Part I Withholding Agent
,
,
FTB Use Only: Total Payment Enclosed:
Name
SSN or ITIN
- -
Business Name
FEIN or CA Corp no .
Address (including suite, room, PO Box, or PMB no .)
City
State ZIP Code
-
Seller or Transferor
Name
SSN or ITIN
- -
Spouse/RDP Name or Business Name
Spouse’s/RDP’s SSN or ITIN
- -
Address (including apt ./suite, room, PO Box, or PMB no .)
FEIN or CA Corp no .
City
State
ZIP Code
-
Property address (if no street address, provide parcel number and county)
Part II Escrow or Exchange Information
I
1. Escrow or Exchange Number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 ____________________
I
2. Date of Transfer, Exchange Completion, Exchange Failure, or Installment Payment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 ____________________
I
/
/
MM
DD
YYYY
3. Type of Transaction (Check One Only):
m
A
Conventional Sale or Transfer
m
m
m
B
Installment Sale Payment
C
Boot
D
Failed Exchange
I
4. Withholding Calculation (Check One Only):
Total Sales Price Method
m
A
3 1/3 % (.0333) x Total Sales Price (See instructions. Signature not required below)
Optional Gain on Sale Election (Signature required below)
m
m
B
Individual 9.55% x Gain on Sale
E
Bank and Financial Corp. 10.84% x Gain on Sale
m
m
C
Non-California Partnership 9.55% x Gain on Sale
F
S Corporation 11.05% x Gain on Sale
m
m
D
Corporation 8.84% x Gain on Sale
G
Financial S Corporation 13.05% x Gain on Sale
I
.
00
,
,
5. Amount Withheld from this Seller . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Mail completed form and payment to:
If paying by EFT mail to:
FRANCHISE TAX BOARD
FRANCHISE TAX BOARD
PO BOX 942867
PO BOX 942867
SACRAMENTO CA 94267-0651
SACRAMENTO CA 94267-8888
Part III Perjury Statement – Signature is required when the Optional Gain on Sale is elected above.
Title and escrow persons, and exchange accommodators are not authorized to provide legal or accounting advice for purposes of determining withholding
amounts. Transferors are strongly encouraged to consult with a competent tax professional for this purpose.
Under penalties of perjury, I hereby certify that the information provided above is, to the best of my knowledge, true and correct. I understand that the Franchise
Tax Board may review relevant escrow documents to ensure withholding compliance. I understand that if this form is not signed, the withholding amount will be
3 1/3% of the total sales price.
Seller’s Signature: _ _______________________________________________________ Date: ______________________
It is unlawful to forge
Spouse’s/RDP’s Signature: _ ________________________________________________ Date: ______________________
a spouse’s/RDP’s
signature.
Preparer’s Name and Title/Escrow Business Name:
Telephone Number:
(
)
Form 593
2008 (REV 05-09)
7111083
For Privacy Notice, get form FTB 1131.
C2