Instructions For Form 593 Draft - Real Estate Withholding Tax Statement

Seller or Transferor Signature

Exchange:

a. Boot Amount. Not to

Complete the Seller or Transferor and Preparer

exceed recognized gain . . . .$__________

information. A signature is only required if the

Optional Gain On Sale Election method is used.

b. Withholding Amount. Multiply

line a by the applicable tax

Preparer’s Name and Title/Escrow Business

rate* and enter the result

Name

here and on Form 593,

Provide the preparer’s name and title/escrow’s

line 5 . . . . . . . . . . . . . . . . . .$__________

business name and phone number.

Failed Exchange:

a. Gain on Sale from

Form 593-E, line 16 . . . . . . .$__________

b. Ownership Percentage. If

multiple sellers or transferors

attempted to exchange this

property, enter this seller’s or

transferor's ownership percentage.

Otherwise, enter 100.00% . . . _ _ _ ._ _%

c. Amount Subject to

Withholding. Multiply

line a by line b . . . . . . . . . . .$__________

d. Withholding Amount. Multiply

line c by the applicable tax

rate* and enter the result here

and on Form 593, line 5 . . . .$__________

If a failed deferred exchange had boot withheld

upon in the original relinquished property,

reduce the withholding amount by the amount

previously remitted to the FTB.

*Tax Rates

Individual . . . . . . . . . . . . . . . . . . . . . . . 12.3%

Non-California Partnership . . . . . . . . . . 12.3%

Corporation. . . . . . . . . . . . . . . . . . . . . . 8.84%

Bank and Financial Corporation. . . . . . 10.84%

S Corporation . . . . . . . . . . . . . . . . . . . . 13.8%

Financial S Corporation. . . . . . . . . . . . . 15.8%

Additional Information

Internet and Telephone Assistance

Website: ftb.ca.gov

For additional information or to speak to

Phone:

800.852.5711 from within the

a representative regarding this form, call

United States

the Withholding Services and Compliance

916.845.6500 from outside the

telephone service at:

United States

888.792.4900, or

TTY/TDD: 800.822.6268 for persons with

916.845.4900

hearing or speech impairments

FAX 916.845.9512

Asistencia Por Internet y Teléfono

Or write to:

Sitio web: ftb.ca.gov

WITHHOLDING SERVICES AND

Teléfono: 800.852.5711 dentro de los

COMPLIANCE

Estados Unidos

FRANCHISE TAX BOARD

916.845.6500 fuera de los Estados

PO BOX 942867

Unidos

SACRAMENTO CA 94267-0651

TTY/TDD: 800.822.6268 personas con

You can download, view, and print California

discapacidades auditivas y del habla

tax forms and publications at ftb.ca.gov.

Or to get forms by mail, write to:

TAX FORMS REQUEST UNIT

FRANCHISE TAX BOARD

PO BOX 307

RANCHO CORDOVA CA 95741-0307

For all other questions unrelated to withholding

or to access the TTY/TDD number, see the

information below.

Page 4 Form 593 Instructions 2014

Instructions For Form 593 Draft - Real Estate Withholding Tax Statement - 2015 Page 4

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