I understand HARPTA is not a tax (merely an estimate of HI income taxes that might be due following a sale of property), so, presumably, I may not include it as other taxes paid in my itemized federal return, or am I wrong?
It seems the simplest thing would be to include it as a selling expense in connection with the property sale (a condo in this case). Most other expenses that reduced the proceeds I received from the sale count as valid selling expenses, but does HARPTA withholding also count? If not, where do I report the HARPTA withholding in my federal return?
Thank you in advance.
