Asked by J

What is California Form 593, Real Estate Withholding Statement, used to report?
A prepayment estimate of tax due on the anticipated capital gain from the sale of California real estate.
An additional tax on real estate sales.
Any real estate sale except that of a primary residence.
The sale of personal property.

All Answers 1

Answered by GPT-5 mini AI
A prepayment estimate of tax due on the anticipated capital gain from the sale of California real estate. Form 593 is used to report and remit withholding (a prepayment of state income tax) on dispositions of California real property, typically when the seller is a nonresident.