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IT-AFF3 (Rev. 12/11) Clear Print SELLER?S CERTIFICATE OF EXEMPTION Seller?s Name Seller?s Identification Number (SSN or FEI) Street Address Spouse?s Identification Number (if jointly owned) City State.

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How to fill out the It Aff3 online

The It Aff3 form is essential for sellers who are exempt from withholding requirements during the sale of real property in Georgia. This guide provides a clear and supportive walkthrough on how to complete this form online, ensuring all users understand each section and requirement.

Follow the steps to complete the It Aff3 form effectively.

  1. Press the ‘Get Form’ button to access the form and open it in your online editor.
  2. Fill in the seller’s name in the designated field. Ensure the name is accurate for identification purposes.
  3. Enter the seller’s identification number, either the Social Security Number (SSN) or the Federal Employer Identification Number (FEI), as required.
  4. Provide the street address of the seller, including any apartment or unit numbers if applicable.
  5. If the property is jointly owned, include the spouse's identification number in the required field.
  6. Fill in the city, state, and ZIP code of the seller's address to complete the identification section.
  7. Review the statements provided in the form and initial any that apply to your exemption status as a seller.
  8. Affirm the provided information is true by signing and dating the form in the required fields.
  9. Once completed, you may save your changes, download, print, or share the form as necessary.

Complete your It Aff3 form online today for a seamless property transaction process.

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For each subsequent return and subsequent payment, the amount of withholding is calculated by taking 3 percent of the principal amount included in each payment, or if the seller elects to base the withholding on the gain, 3 percent of the amount of each principal payment which represents gain.

Withholding is required at the rate of 4 percent with respect to the nonresident member's share of taxable income sourced to this state, unless exempted by this regulation or O.C.G.A. § 48-7-129.

To establish the total percentage of taxes withheld for all employees, add the taxes taken out of each individual employee's check and total the result. Determine the amount of gross wages paid during the pay period and divide the total amount of taxes withheld by the result.

You can submit Form 3605 (The Application for Recognition of Exemption) to the Georgia Income Tax Division. Along with the form you will need to submit your Georgia nonprofit's Articles of Incorporation, bylaws, statement of activities in Georgia, and a copy of your Letter of Determination from the IRS.

Georgia does not require registration with the state for a resale certificate.

Georgia requires employers to withhold state income tax from employees' wages and remit the amounts withheld to the Department of Revenue. Georgia residents working outside the state are exempt from Georgia income tax withholding if their compensation is subject to withholding in that state.

O.C.G.A. Section 48-7-128 provides for income tax withholding at a rate of 3 percent on sales or transfers of real property and associated tangible personal property by nonresidents of Georgia.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232