Ernievenegas
Level 1
04-27-2021
04:48 PM
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We are selling a property in California and we will finance the property. The title company is telling us they must collect 3.33% of the total of the sale. The total sale price is $375,000.00. I was under the impression we would be paying taxes on the actual money we receive.
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abctax55
Level 15
04-27-2021
04:58 PM
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Hi there,
You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.
Cheers!
But here's a bone for you... research F 593 for CA. Actually, the Title Co should have given you the instructions/options.
HumanKind... Be Both
