The IRS Form 1099-S only reports gross proceeds of a sale of real estate. The issuer of the 1099-S will need to send it directly to the state of Georgia as well. This is a separate process from reporting the amount you paid on your tax return.
You can enter state withholding done at the time of sale in TurboTax Online, in the Federal section:
- Go to Deductions & Credits
- Select Estimated Tax Payments
- Click Start or Revisit next to State estimated taxes for 2024
- Scroll down to Additional Payments
- Enter the Date Paid and Amount Paid
The amount can be entered either as a state estimated payment or other income tax payment, under Additional Payments. You won't need to enter a state ID number. The amount entered in the Federal section will flow through to your state return.
The amount withheld is part of your federal and/or state tax paid for the year rather than an expense of the sale.
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