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.
|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