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Screen CA593-3 - California Real Estate Withholding Tax Statement (1040)

Form 540/540NR Returns:
A diagnostic message displays when this field is blank and non-LLC withholding is entered on this screen.
When California
withholding
 is entered on federal screens, any amount that transfers to the California return defaults to Form 540, line 71 or Form 540NR, line 81. When an entry is made in the
Amount withheld from this seller
 field on the CA593-3 Screen, the equivalent amount is removed from Form 540, line 71 or Form 540NR, line 81 and added to Form 540, line 73 or Form 540NR, line 83.
Enter
2
 in this field if the withholding was not entered on the federal screens. When code
2
 is entered, the assumption for Form 540/540NR returns is that the amount in the
Amount withheld from this seller
 field was not included in Form 540, line 71 or Form 540NR, line 81 and, thus, there is no need to subtract amounts from that line of the return. The amount for
Amount withheld from this seller
 will still be included on Form 540, line 73 or Form 540NR, line 83.
Example:
 Taxpayer received Form 593 which reflects withholding. However, instead of entering data to report the withholding on federal Schedule A, federal data entry reflects an expense for federal Schedule C. In this scenario, enter code
2
.
Form 568 Returns:
This field is not applicable for Form 568 returns. UltraTax CS assumes that any California withholding entered on federal screens is not applicable to Form 568. To report Form 593 withholding amounts on Form 568, enter the appropriate data in the fields for
LLC unit number
 and
Amount withheld from this seller
.
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