Forms

For use by REALTORS®

  • SES-11 California Association of Realtors® Seller's Intent To Exchange Supplement Form Revised 11/09. Used in Sales Contract to indicate Seller’s intention to exchange relinquished property. (To download a sample copy of SES-11 click here.)

  • BES-11 California Associations of Realtors® Buyer's Intent To Exchange Supplement Form Revised 11/09. Used in Purchase Contract to indicate Buyer’s intention to complete exchange for replacement property. (To download a sample copy of BES-11 click here.)

For use By Escrow Officers

  • Form 593 State of California Franchise Tax Board Real Estate Withholding Remittance Statement - (To download a copy of 593 with instructions click here.)

  • Form 593-C State of California Franchise Tax Board Real Estate Withholding Certificate for Individual and Non-Individual Sellers - This form is used by Individual Sellers of property to enter information regarding exemption from withholding in connection with an Internal Revenue Code 1031 Exchange. (To download a copy of the Real Estate Withholding Booklet for Individuals which includes Forms 593-C and  593-E click here.)

  • Form 593-E State of California Franchise Tax Board Real Estate Withholding - Computation of Gain or Loss - This form is to be used by and individual and non-individual seller to compute the gain or loss on the sale of the property.  If the calculation shows that the property is being sold at a loss, then the seller can claim an exemption from withholding by checking the appropriate box on Form 593-E. (To download a copy of the Real Estate Withholding Booklet for Individuals which includes Forms 593-C and  593-E click here.)

  • Form 593-I State of California Franchise Tax Board Real Estate Withholding Installment Sale Agreement - The Buyer completes the form and agrees to withhold 3 1/3 percent on each payment to the seller over the course of the note.  If the Buyer does not agree to the terms and instructions of the form, then the escrow company is instructed to withhold and transmit 3 1/3 percent of the full sales price at the time closing. (To download a copy of 593-I with instructions click here.)


For use By Tax Professionals

  • Form 588 State of California Franchise Tax Board Nonresident Withholding Waiver Request – This form is used by Partnerships and LLCs to request a waiver of or reduced withholding on payments or distributions of California source income to California nonresident (U.S.-domestic) partners or members. This should not be used for the sale of real estate. Foreign (Non-U.S.) partners or members are unable to request a waiver or reduced withholding. (To download a copy of Form 588 with instructions click here.)

  • Form 590 State of California Franchise Tax Board Withholding Exemption Certificate – This form is to be completed by recipients of California source income to certify that withholding is not required. This form is to be retained by the withholding agent. Typically withholding is exempt if the individual or entity is a resident of, has a place of business in or is qualified to do business in California. This should not be used for the sale of real estate. (To download a copy of Form 590 with instructions click here.)

  • Form 590-P State of California Franchise Tax Board Nonresident Withholding Exemption Certificate for Previously Reported Income of Partners and Members - This form is to be completed by non-resident recipients of payments of California source income from partnerships and LLCs to certify that withholding was not required on previous years’ income that has been reported on their California tax return. This form should not be used for the sale of real estate. This form is to be retained by the withholding agent. (To download a copy of Form 590-P with instructions click here.)

  • Form 3840 California has enacted a new statute effective for real estate exchanged in an Internal Revenue Code Section 1031 tax-deferred exchange in tax years beginning on or after January 1, 2014. This new California statute requires that California taxpayers who sell California property and exchange into out-of-state property must file an information return (FTB 3840) with the Franchise Tax Board for the year of the exchange and for every subsequent tax year. The purpose of this new statute is to allow the Franchise Tax Board to keep records of and then tax that taxpayer when the out-of-state property is sold. (To download a copy of Form 3840 click here.)

  • Form 8824 Internal Revenue Service Like-Kind Exchanges. Used to report a Like-Kind Exchange on tax return. (To download a sample copy of 8824 click here).  (To see How to Get From Esc. Statements to Federal Form 8824 click here.)