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Level 2

Question

Ca 593

Forum|Forum|4 years ago
April 6, 2022
1 reply
0 views

I sold a rental property in California. I withheld using 593.

The amount of the withholding was incorrect because the escrow company used too low an amount for commissions and it resulted in more than necessary witholding. Will I be flagged for a discrepancy or does California only care that I set aside enough withholding and not care?

Level 15

You are fine (especially since it was over)- you will just have to apply for the refund.

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