We conform to the IRS rules and allow you to exclude, up to a certain amount, the gain you make on the sale of your home. I am selling my house and I have some forms to fill out and they are for 1099s and 593 in california I was curious if ; Barbara.The grantor reports the real estate sale and claims the withholding on their tax return. Complete Form 593 using the grantor's information. When a property is sold in California, the state requires the seller to withhold a certain percentage of the sales price. Find out if you qualify to exclude from your income all or part of any gain from the sale of your personal residence. Sellers will complete a Form 593, which is sent to the state of California Franchise Tax Board (the California taxing authority). This paperwork helps you complete the home sale so you can leave the property. You don't want to keep paying for a house you no longer own. To list your California home on the market, you must first create a listing.
