Form 593 E – Fill Out and Use This PDF

TAXABLE YEAR	Real Estate Withholding —			CALIFORNIA FORM
2019				593-E
	Computation of Estimated Gain or Loss

You are required to complete this form if you claim an exemption due to a loss or zero gain or if you elect an optional gain on sale withholding amount.

Part I – Seller/Transferor Information

Name

SSN or ITIN

-

-

Spouse’s/RDP’s name (if jointly owned)

Spouse’s/RDP’s SSN or ITIN (if jointly owned)

-

-

Address (apt./ste., room, PO box, or PMB no.)

 FEIN  CA Corp no.  CA SOS file no.

Property address (if no street address, provide parcel number and county)

Part II – Computation

1	Selling price	1 _______________
2	Selling expenses	2 _______________
3	Amount realized. Subtract line 2 from line 1	3 _______________

4Enter the price you paid to purchase the property (If you acquired the property other than by purchase,

	see instructions, How to Figure Your Basis.)	. . .	. . . . . . . . . . . . . . . . 4	_______________
5	Seller/Transferor-paid points	. 5	_______________
6	Depreciation	. 6	_______________
7	Other decreases to basis	. 7	_______________
8	Total decreases to basis. Add line 5 through line 7	. . .	. . . . . . . . . . . . . . . . 8	_______________
9	Subtract line 8 from line 4	. . .	. . . . . . . . . . . . . . . . 9	_______________
10	Cost of additions and improvements	10	_______________
11	Other increases to basis	11	_______________
12	Total increases to basis. Add line 10 and line 11	. . .	. . . . . . . . . . . . . . . 12	_______________
13	Adjusted basis. Add line 9 and line 12	. . .	. . . . . . . . . . . . . . . 13	_______________
14	Enter any suspended passive activity losses from this property	. . .	. . . . . . . . . . . . . . . 14	_______________
15	Add line 13 and line 14	. . .	. . . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . . . 15 ______________

16Estimated gain or loss on sale. Subtract line 15 from line 3 and enter the amount here. If you have a loss or zero gain, skip lines 17 and 18. Complete the Seller/Transferor Signature area below and check the box on Form 593-C, Real Estate Withholding Certificate, Part II line 3.

If you have a gain, go to line 17

16 ______________

17Optional gain on sale withholding amount. Check the applicable box for the filing type.

 Individual 12.3%		Corporation 8.84%		Bank and Financial Corporation 10.84%
 Non-California Partnership 12.3%		S Corporation 13.8%		Financial S Corporation 15.8%

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 ______________

18Total sales price withholding amount. Multiply the selling price on line 1 by 31/3% (.0333) and enter the amount on line 18. This is the total sales price withholding amount.

If you select the total sales price withholding amount on line 18, check Box A “31/3% (.0333) x Total Sales Price” on line 4 of

Form 593, and transfer the amount on line 18 to Form 593, line 5	18 ______________
Seller/Transferor Signature

Title and escrow persons and exchange accommodators are not authorized to provide legal or accounting advice for purposes of determining withholding amounts. Transferors are strongly encouraged to consult with a competent tax professional for this purpose.

To learn about your privacy rights, how we may use your information, and the consequences for not providing the requested information, go to ftb.ca.gov/forms and search for 1131. To request this notice by mail, call 800.852.5711.

Under penalties of perjury, I declare that I have examined the information on this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. I further declare under penalties of perjury that if the facts upon which this form are based change, I will promptly notify the Real Estate Escrow Person (REEP).

	Seller’s/Transferor’s Name			Seller’s/Transferor’s Signature			Date
	It is unlawful to forge
		Spouse’s/RDP’s Name (if jointly owned)
	a spouse’s/RDP’s
		Spouse’s/RDP’s Signature (if jointly owned)					Date
	signature.