Loading
Form preview
  • US Legal Forms
  • Form Library
  • Tax Forms
  • California Tax Forms
  • Ca Ftb 593-e 2016

Get Ca Ftb 593-e 2016

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Cost of additions and improvements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 Other increases to basis . . . . . . . . . . . . . . . .

How it works

  1. Open form

    Open form follow the instructions

  2. Easily sign form

    Easily sign the form with your finger

  3. Share form

    Send filled & signed form or save

How to fill out the CA FTB 593-E online

The CA FTB 593-E form is essential for estimating the gain or loss from real estate transactions for withholding purposes. This guide provides clear, step-by-step instructions on how to complete the form accurately and confidently.

Follow the steps to fill out the CA FTB 593-E form online.

  1. Click the 'Get Form' button to obtain the form and open it in your preferred online editor.
  2. In Part I, enter the names, social security numbers (SSNs) or individual taxpayer identification numbers (ITINs), and addresses of the seller/transferor, including a spouse or registered domestic partner if jointly owned.
  3. In Part II, begin the computation by entering the selling price of the property on line 1. This should be the total amount expected from the sale.
  4. Next, enter the selling expenses on line 2. Include all costs such as commissions, advertising fees, and any legal fees.
  5. On line 3, calculate the amount realized by subtracting the selling expenses (line 2) from the selling price (line 1).
  6. On line 4, enter the purchase price of the property. This may include your down payment and any debts incurred.
  7. Fill out line 5 with the amount of seller/transferor-paid points, if applicable. Points are fees paid to obtain a loan.
  8. Complete line 6 by entering the total depreciation taken on the property during the period it was held, or the depreciation you could have taken.
  9. Add any other decreases to your basis for line 7, such as casualty loss deductions or energy credits.
  10. On line 8, calculate the total decreases by summing lines 5 through 7.
  11. Subtract the total decreases in line 8 from the purchase price in line 4 to get the adjusted basis on line 9.
  12. Complete lines 10 to 15 with any costs of additions and improvements, other increases, and any suspended passive activity losses.
  13. For line 16, calculate the estimated gain or loss by subtracting line 15 from line 3. If there is a loss or zero gain, proceed accordingly.
  14. If opting for the gain on sale withholding, complete line 17 by selecting the appropriate tax rate and multiplying it by the gain on line 16.
  15. On line 18, provide the total sales price withholding amount by multiplying the selling price on line 1 by 31/3%.
  16. Lastly, ensure you sign and date the form, retaining a copy for your records, and consider seeking advice from a tax professional if necessary. You can now save changes, download, print, or share the completed form.

Complete your CA FTB 593-E document online today for smooth processing.

Get form

Experience a faster way to fill out and sign forms on the web. Access the most extensive library of templates available.

Related content

2019 Form 593-E- Real Estate Withholding...
If you have a loss or zero gain, skip lines 17 and 18 . Complete the Seller/Transferor...
Learn more
Tax Withholding Requirement Notice for...
Sellers of California real estate use Form 593, Real Estate Withholding ... For...
Learn more
Door Controls
Ontario, CA 91764. Tel: (909) 593-2100. Fax: (909) 593-2500. Hours of Operation. 7:30 a.m...
Learn more

Related links form

MO DoR 149 2008 MO DoR 149 2005 Mo Dept Of Revenue Form 1528 2012 MO DoR 1716 2018

Questions & Answers

Get answers to your most pressing questions about US Legal Forms API.

Contact support

No, the California Franchise Tax Board (CA FTB) and the Internal Revenue Service (IRS) are distinct entities. The IRS handles federal tax matters, while the CA FTB is focused on state tax issues in California. Understanding the difference is crucial for managing your tax responsibilities correctly. You can find separate guidelines for both on their respective websites.

Typically, CA Form 593 is prepared by the taxpayer or a tax professional. If you're dealing with complex transactions, having an expert prepare the form ensures accuracy and compliance with state requirements. You should gather necessary information, such as income details, before starting the preparation process. To ensure accuracy, you might consider using our user-friendly services for help.

Generally, a revocable trust does not need to file a separate tax return while the grantor is alive, as all income is typically reported on the grantor's tax return. However, once the grantor passes away, the trust may need to file a taxable income return. For further information on this matter, refer to the guidance offered by CA FTB 593-E, which can help clarify your responsibilities.

California Form 593 serves to report and calculate withholding for the sale or transfer of California real estate. This form helps ensure compliance with state tax laws and prevents future tax liabilities for sellers. Understanding the CA FTB 593-E can help you navigate the intricacies involved in real estate transactions and ensure you file correctly.

A California fiduciary income tax return must be filed by estates and trusts that generate taxable income exceeding the state's filing threshold. Additionally, all fiduciaries responsible for managing these estates and trusts must understand their tax responsibilities. Consulting the CA FTB 593-E can provide clarity on your filing obligations and potential exceptions.

Any fiduciary operating an estate or trust that generates income in California must file a California fiduciary tax return. This requirement applies whether the estate is revocable or irrevocable. It's essential to assess the income level and tax obligations carefully, as this will determine if you must file, and utilizing resources like the CA FTB 593-E can ensure compliance.

You must file a fiduciary tax return when managing an estate or trust that has taxable income or extensions of credits. Generally, this form is due on April 15, but if the fiduciary manages a fiscal year estate, it is due on the 15th day of the fourth month after the year-end. Utilizing the CA FTB 593-E guidelines can enhance your understanding of the key timelines and requirements for this obligation.

CA Form 565 is required for partnerships operating in California. All partnerships that create income and conduct business in the state must file this form, allowing the California Franchise Tax Board to assess taxes owed. If you are part of a partnership, it's crucial to understand your filing obligations to remain compliant with California tax regulations.

Exemptions from California withholding typically apply to specific scenarios such as the sale of a principal residence, transfers to a spouse, or certain exemptions provided under the tax laws. Additionally, certain non-resident sellers may qualify based on their residency status or the lack of capital gains from the transaction. Reviewing the CA FTB 593-E guidelines can help clarify your specific situation and determine your eligibility.

Filing an exemption in California involves completing CA form 593-E to confirm your qualifying criteria. Submit this form to your employer or use it in your tax filings as instructed by the California Franchise Tax Board. Understanding your eligibility is crucial to ensuring compliance with tax regulations. If you need assistance, platforms like uslegalforms can provide guidance on the process.

Get This Form Now!

Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.
If you believe that this page should be taken down, please follow our DMCA take down processhere.

Industry-leading security and compliance

US Legal Forms protects your data by complying with industry-specific security standards.
  • In businnes since 1997
    25+ years providing professional legal documents.
  • Accredited business
    Guarantees that a business meets BBB accreditation standards in the US and Canada.
  • Secured by Braintree
    Validated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.
Get CA FTB 593-E
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
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
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
altaFlow
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 1997-2026
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
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
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
altaFlow
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 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
CA FTB 593-E
This form is available in several versions.
Select the version you need from the drop-down list below.
2019 CA FTB 593-E
Select form
  • 2019 CA FTB 593-E
  • 2018 CA FTB 593-E
  • 2017 CA FTB 593-E
  • 2016 CA FTB 593-E
  • 2015 CA FTB 593-E
  • 2014 CA FTB 593-E
  • 2013 CA FTB 593-E
  • 2012 CA FTB 593-E
  • 2011 CA FTB 593-E
Select form