debbieatcompass
Level 1
03-05-2020
07:25 PM
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trying to pass through withholding from real estate sale to beneficiary and put it in the "Credit for state withholding paid on or before 12/21/19 and it does not go to the Form 540
Do i need to file a 592/592-B for the trust to the beneficiary?
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tina
Level 2
03-05-2020
07:30 PM
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According to a recent conversation with the FTB concerning this issue for 2018, yes, you have to file a Form 592 for each beneficiary or shareholder.
lwe_aft
Level 1
03-16-2021
04:59 PM
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Same issue. I manually completed the 592, 592-B forms and entered the amount of withholding on the k-1 overrides but it is still showing a 30,000 refund to CA from the 593 withholding from the sale of real estate.
How do I have Lacerte realize I have allocated the withholding to the beneficiaries?