There are three form 593's because there were 3 principal payments on the loan. The numbers are the same, or similar, but the payment dates are different. Yes, we received 3 different 593 forms from the person paying the principal on the loan.
Withholding is not on a 1099 or k-1. We have done form 593 for several years without a problem in the past.
TT automatically fills in the taxpayer information (name and SS#) at the top of the pages. This is incorrect as the remitter is different from the taxpayer. This has been a problem in the past as well. I tried overriding the info, but was afraid that might be causing the reject problem. TT really needs to look at this form.
1. no escrow or exchange number as this was a private transaction where we did not even use a title or escrow company.
2. Part 1. It is between individuals, no business involved.
3. Part 4. No escrow number, just wrote in "none" for part 7 as something was required by TT.
4. We mailed in the form because everything I tried would not work.
Thank you for your help. I would appreciate it if you could let TT know someone really needs to look at this form. I have used TT for about 30 years now and I think this may cause me to try something else.
5. I tried competing the form exactly like we did last year when it went through fine and that did not work either.
