Use the California Tax Form Calculator California Tax Form 593e: Real Estate Withholding — Computation of Estimated Gain or Loss as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 California state tax return. California Tax Form 593e: Real Estate Withholding — Computation of Estimated Gain or Loss is also integrated into our comprehensive California State Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and California State Tax Estimator to quickly calculate your salary, tax and take home pay in California.
|Part II – Computation|
|17||Optional gain on sale withholding amount. Check the applicable box for the filing type .|
|Multiply the amount on line 16 by the tax rate for the filing type selected above and enter the result on line 17 . This is the optional gain on sale withholding amount.|
If you elect the optional gain on sale withholding amount on line 17, get Form 593, Real Estate Withholding Tax Statement, and check the appropriate box on line 4
(Boxes B-G) for the Optional Gain on Sale Election, and transfer the amount on line 17 to Form 593, line 5.
|Sign Form 593 to certify the election .||17|
|18||Total sales price withholding amount. Multiply the selling price on line 1 by 3 1/3% (0.0333) and enter the amount on line 18. This|
|This is the total sales price withholding amount.|
If you select the total sales price withholding amount on line 18, check Box A “3 1/3% (0.0333) x Total Sales Price” on line 4 ofForm 593, and transfer the amount on line 18 to Form 593, line 5
Tip: use the California Tax Calculator to edit your refundable and non-refundable tax credits including California Tax Form 593e: Real Estate Withholding — Computation of Estimated Gain or Loss. Complete, Calculate, print and or save your tax calculation for later use.