Form 593, Real Estate Withholding Instructions

Check this box if you are the buyer or transferee.

Enter the first name of the buyer or transferee (grantor).

Enter the middle initial of the buyer or transferee.

Enter the last name of the buyer or transferee (grantor).

Enter the Social Security Number or Individual Taxpayer Identification Number of the buyer or transferee. Maximum length is 11 characters.

Enter the first name of the buyer or transferee's spouse or registered domestic partner (if jointly purchased).

Enter the middle initial of the buyer or transferee's spouse or registered domestic partner. Maximum length is 1 character.

Enter the last name of the buyer or transferee's spouse or registered domestic partner.

Enter the Social Security Number or Individual Taxpayer Identification Number of the buyer or transferee's spouse or registered domestic partner. Maximum length is 11 characters.

Enter the business or nongrantor trust name of the buyer or transferee, if applicable.

Check this box if the buyer or transferee has a Federal Employer Identification Number.

Check this box if the buyer or transferee has a California Corporation Number.

Indicate if the Buyer/Transferee has a California Secretary of State File Number by checking this box.

Enter the identification number of the Buyer/Transferee based on the selected type (e.g., SSN, EIN).

Provide the complete address of the Buyer/Transferee, including apartment/suite, room, Post Office box, or Private Mail Box number.

Enter the city of the Buyer/Transferee. If the address is foreign, refer to the instructions.

Enter the 2-letter state abbreviation for the Buyer/Transferee's address.

Enter the ZIP code for the Buyer/Transferee's address. Format: 5 digits - 4 digits.

Provide the 10-digit telephone number of the Buyer/Transferee.

Check this box if you, as the buyer/transferee, understand and accept the withholding requirements as stated in Part five, and you are involved in an installment sale.

Enter the date when the Buyer/Transferee signed the form in MM/DD/YYYY format.

Enter the date when the Buyer's/Transferee's spouse or Registered Domestic Partner signed the form in MM/DD/YYYY format.

Check this box if the property qualifies as the seller's (or decedent's) principal residence under IRC Section 121.

Check this box if the seller (or decedent) last used the property as their principal residence under IRC Section 121 without regard to the two-year time period.

Check this box if the seller has a loss or zero gain for California income tax purposes on this sale. Complete Part VI, Computation on Side 2.

Check this box if the property is compulsorily or involuntarily converted, and the seller intends to acquire property that will qualify for nonrecognition of gain under IRC Section 1033.

Check this box if the transfer qualifies for nonrecognition treatment under IRC Section 351 or IRC Section 721.

Check this box if the seller is a corporation (or an LLC classified as a corporation) that is either qualified through the California Secretary of State or has a permanent place of business in California.

Check this box if the seller is a California partnership or qualified to do business in California (or an LLC classified as a partnership that is not a single member LLC disregarded for federal and California income tax purposes).

Check this box if the seller is a tax-exempt entity under California or federal law.

Check this box if the seller is an insurance company, individual retirement account, qualified pension/profit sharing plan, or charitable remainder trust.

Check this box if the transfer qualifies as either a simultaneous or deferred like-kind exchange under IRC Section 1031. Refer to the instructions for Form 593, Part IV for more details.

Check this box if the transfer of this property is an installment sale where the buyer must withhold on the principal portion of each installment payment. Attach a copy of the promissory note at the close of escrow and complete Part Five, Buyer/Transferee Information on Side 2. Withholding may be required.

Check this box if no exemptions apply. This means the exemptions in Part III or Part IV, line 10 and line 11, do not apply. The remitter must complete Part VII, Escrow or Exchange Information, on Side 3 for amounts to withhold. Withholding is required.

Enter the selling price of the property as indicated on line 13.

Enter the selling expenses as indicated on line 14.

Enter the amount realized by subtracting line 14 from line 13, as indicated on line 15.

Enter the price you paid to purchase the property, as indicated on line 16. Refer to the instructions on how to figure your basis.

Enter the amount of seller or transferor-paid points on the property sale.

Enter the amount of depreciation related to the property.

Enter any other decreases to the basis of the property.

Calculate the total decreases to the basis by adding lines 17 through 19.

Subtract the total decreases to basis (line 20) from the amount on line 16.

Enter the cost of any additions and improvements made to the property.

Enter any other increases to the basis of the property.

Calculate the total increases to the basis by adding lines 22 and 23.

Calculate the adjusted basis by adding lines 21 and 24.

Enter any suspended passive activity losses from this property.

Add the adjusted basis (line 25) and any suspended passive activity losses (line 26).

Calculate the estimated gain or loss on the sale by subtracting line 27 from line 15. If you have a loss or zero gain, skip lines 29 and 30 and certify on Side 3. Withholding is not required. If you have a gain, proceed to line 29 to calculate your withholding.

Check this box if this is an amended form.

Enter the specific information required for field 1000A.

Enter the required information for field 1000A.

Enter the form number 1000A.

Enter the appropriate value for field 1000A.

Check this box if the seller/transferor is a nongrantor trust.

Enter the business or nongrantor trust name of the seller/transferor if applicable.

Enter the ownership percentage of the seller or transferor as a whole number.

Enter the ownership percentage of the seller or transferor as a decimal number.

Enter the ownership percentage as a whole number.

Enter the ownership percentage as a decimal number.

Multiply the sales price, failed exchange amount, or boot amount by the ownership percentage and enter the total on this line.

Provide the street address, parcel number, and county of the property being sold or transferred.

Check this box if you are the real estate escrow person.

Check this box if you are a Qualified Intermediary.

Check this box if you are another type of remitter.

Enter the type of remitter if you selected 'Other Remitter Type'.

Enter the business name of the remitter.

Check this box if you are providing the remitter's Federal Employee Identification Number.

Check this box if you are providing the remitter's California Corporation Number.

Check this box if you are providing the remitter's California Secretary of State File Number.

Enter the remitter's identification number of the selected type.

Enter the first name of the remitter.

Enter the middle initial of the remitter. Maximum length is 1 character.

Enter the last name of the remitter.

Enter the remitter's Social Security Number or Individual Taxpayer Identification Number. Maximum length is 11 characters.

Enter the remitter's address, including apartment/suite, room, Post Office box, or Private Mail Box number.

Enter the city of the remitter. If you have a foreign address, see instructions.

Enter the 2-letter state abbreviation for the remitter's address. Maximum length is 2 characters.

Enter the remitter's ZIP code. Format should be 5 digits - 4 digits. Maximum length is 10 characters.

Enter the remitter's telephone number. Enter 10 digits.

Check the box that applies if the remitter is a grantor or nongrantor trust.

Enter the name of the remitter.

Enter the remitter's Social Security Number, Individual Taxpayer Identification Number, Federal Employer Identification Number, California Corporation Number, or California Secretary of State File number.

Enter the name of the remitter.

Enter the remitter's Social Security Number, Individual Taxpayer Identification Number, Federal Employer Identification Number, California Corporation Number, or California Secretary of State File number.

Check this box if you, as the Remitter (Qualified Intermediary), acknowledge that this is a cash poor transaction as indicated in Part VII, line 35, box E.

Enter the name and title of the Remitter, or the name of the escrow business.

Enter the 10-digit telephone number of the Remitter or escrow business.

Enter the first name of the seller/transferor (grantor).

Enter the middle initial of the seller/transferor.

Enter the last name of the seller/transferor (grantor).

Enter the Social Security Number or Individual Taxpayer Identification Number of the seller/transferor.

Check this box if the seller/transferor has a Federal Employee Identification Number.

Check this box if the seller/transferor has a California Corporation Number.

Check this box if the seller/transferor has a California Secretary of State File Number.

Enter the identification number of the selected type for the seller/transferor.

Enter the address of the seller/transferor, including apartment/suite, room, Post Office box, or Private Mail Box number.

Enter the city of the seller/transferor. If you have a foreign address, see instructions.

Enter the 2-letter state abbreviation for the seller/transferor.

Enter the ZIP code of the seller/transferor. Use the format 5 digits - 4 digits.

Enter the 10-digit telephone number of the seller or transferor.

Enter the date when the Seller/Transferor signed the form in MM/DD/YYYY format.

Enter the date when the Seller's/Transferor's spouse or Registered Domestic Partner signed the form in MM/DD/YYYY format.

Enter the first name of the seller/transferor's spouse or registered domestic partner if the property is jointly owned.

Enter the middle initial of the seller/transferor's spouse or registered domestic partner if the property is jointly owned.

Enter the last name of the seller/transferor's spouse or registered domestic partner if the property is jointly owned.

Enter the Social Security Number or Individual Taxpayer Identification Number of the seller/transferor's spouse or registered domestic partner if the property is jointly owned.

Enter the principal amount of the promissory note in dollars.

Enter the principal amount of the promissory note in cents.

Enter the installment amount in dollars.

Enter the installment amount in cents.

Enter the whole number of the interest rate percentage.

Enter the decimal number of the interest rate percentage.

Enter the repayment period in number of months.

Enter the date of transfer, exchange completion, failed exchange, or installment payment in MM/DD/YYYY format.

Enter the sales price, failed exchange amount, or boot amount.

Check this box if the sale involves an installment sale payment.

Check this box if the sale involves a boot (additional property or money received in an exchange).

Check this box if the sale involves a failed exchange.

Check this box if the seller is cash poor.

Check this box if the transaction is a conventional sale or transfer.

Check this box if the alternative withholding calculation percentage for an individual (12.3%) applies.

Check this box if the alternative withholding calculation percentage for a corporation (8.84%) applies.

Check this box if the alternative withholding calculation percentage for a Bank and Financial Corporation (10.84%) applies to your transaction.

Check this box if the alternative withholding calculation percentage for a Trust (12.3%) applies to your transaction.

Check this box if the alternative withholding calculation percentage for a Non-California Partnership (12.3%) applies to your transaction.

Check this box if the alternative withholding calculation percentage for an S Corporation (13.8%) applies to your transaction.

Check this box if the alternative withholding calculation percentage for a Financial S Corporation (15.8%) applies to your transaction.

Enter the alternative withholding calculation amount by multiplying the amount on line 28 by the tax rate for the selected filing type. If you elect this amount, check the appropriate box on line 36 (Boxes B-H) and enter the amount on line 37.

Enter the sales price withholding amount by multiplying the selling price on line 13 by 3.33%. If you select this amount, check box A on line 36 and enter the amount on line 37.

Enter the dollar amount that should have been withheld in a cash poor transaction.

Enter the cents amount that should have been withheld in a cash poor transaction.

Check this box if the withholding amount is 3.33% of the sales price, boot, or installment sale payment.

Check this box if the withholding amount is 12.3% of the gain on sale for an individual.

Check this box if the withholding amount is 12.3% of the gain on sale for a non-California partnership.

Check this box if the withholding amount is 8.84% of the gain on sale for a corporation.

Check this box if the withholding amount is 10.84% of the gain on sale for a bank or financial corporation.

Check this box if the withholding amount is 13.8% of the gain on sale for an S corporation.

Check this box if the withholding amount is 15.8% of the gain on sale for a financial S corporation.

Check this box if the withholding amount is 12.3% of the gain on sale for a trust.

Enter the dollar amount withheld from this seller/transferor.

Enter the cents amount withheld from this seller/transferor.

Check this box if the sale is fully exempt from withholding as indicated by a check mark(s) in Part III.

Check this box if the sale is fully or partially exempt from withholding as indicated by a check mark in Part IV, box 10 or 11.

Check this box if the seller has elected the Alternative Withholding Calculation as indicated by a check mark in Part VII, line 36 (B-H).