Where to enter the withholding CA State Taxes while the rental property was sold in TurboTax

[SamG71]

Hi,

I sold my rental property in 2020. Based on the closing statement, there is a required CA Franchise Tax Board tax withholding. I'm trying to enter the withholding amount in Sale of Business Property, but I cannot find a place to do so. Could anyone tell how to add this amount to my tax return?

Thank you very much,

Sam

[npierson7]

Amount you paid is most likely property tax. You can enter under expenses/property tax paid on you Schedule  E. Or you can  add to cost-basis of your property, it will offset part of the gain on sale.