Get Ca Ftb 589 2024-2026

The CA FTB 589 form is a crucial document for nonresidents seeking to request reduced withholding in California. Filling it out accurately and completely is essential to ensure compliance with state tax regulations.

Follow the steps to successfully complete the CA FTB 589 online.

1. Press the ‘Get Form’ button to obtain the CA FTB 589 and open it in the editing tool.
2. In Part I, enter the withholding agent information, including your social security number (SSN) or individual taxpayer identification number (ITIN), business name, address, and telephone number.
3. Move to Part II to provide the payee information. Fill in the payee’s SSN or ITIN, business name, address, and city.
4. Proceed to Part III, where you must check one type of income subject to withholding. Carefully choose from the options provided, such as payment to independent contractor or rent.
5. If applicable, fill in the date(s) of service in the specified format (mm/dd/yyyy).
6. Continue to the withholding computation section by documenting the gross California source payment and detailing any expenses incurred like advertising, commissions, or supplies.
7. Calculate the total amount of expenses, ensuring it does not exceed 50% of the total payment, and then subtract this from the gross payment to determine the net California source payment.
8. Multiply the net California source payment by 7% to find the withholding amount, which requires approval from the Franchise Tax Board.
9. Finally, sign the form where indicated, including dates for both the payee and preparer if applicable.
10. Once all sections are completed, save your changes, download, print, or share the CA FTB 589 as necessary.

Complete your CA FTB 589 online today to ensure timely processing of your withholding request.