There are two methods that California allows for determining the amount of tax that is to be withheld from the sales of a home.

[TaxMonkey · Accepted solution]

Indeed, sometimes they are referred to as the Total Sales Price Method and the Optional Gain on Sale Election.

[abctax55]

Manny....you really, really need to learn to use either your textbooks (do they still exist?) or the research material provided by your class/instructor.

THIS IS NOT THE PLACE FOR HOMEWORK ! ! ! 

[abctax55]

AND, you get to pick which one is the least offensive.