Get 2021 Form 593 Real Estate Withholding Statement. 2021 Form 593 Real Estate Withholding Statement

Filling out the 2021 Form 593 Real Estate Withholding Statement is essential for anyone involved in a real estate transaction in California. This guide will provide you with step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to fill out the 2021 Form 593 Real Estate Withholding Statement.

1. Click the ‘Get Form’ button to obtain the 2021 Form 593 Real Estate Withholding Statement and open it for editing.
2. In Part I, enter remitter information including the escrow or exchange number, the type of remitter, and your business name along with the name and SSN or ITIN of the individual involved.
3. Complete Part II by providing the seller or transferor information, including their name, address, and contact information. If applicable, indicate if the seller is a grantor or nongrantor trust.
4. In Part III, certify whether the sale is fully exempt from withholding by checking applicable boxes based on the exemptions you qualify for.
5. If no exemptions apply, proceed to Part IV to determine if you qualify for a partial or full exemption. Again, check the relevant boxes to indicate the basis of your claim.
6. Complete Part V if the sale is structured as an installment sale. Provide the buyer/transferee information and acknowledge the withholding requirements.
7. In Part VI, compute your withholding based on your calculations from previous sections. Complete the sections regarding selling price and any relevant adjustments to basis.
8. Finally, in Part VII, provide escrow or exchange information, including dates, transaction type, and the amount to be withheld. Complete the perjury statement and sign the form.
9. Once all sections are completed, you can save your changes, download, print, or share the form as needed.

Start filling out your 2021 Form 593 Real Estate Withholding Statement online today to ensure a smooth real estate transaction.