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How do I fix "Type of Transaction" on form 593?

Leanng
Level 2

Hi Pros,

I'm working on a trust account, California State. CL sold a rental property and had RE Withholding. The form 593 from Escrow office shows type of transaction (line 35) "Conventional Sale/Transfer" but Proseries auto choose "Cash Poor". How can I change to "Conventional Sale/Transfer" transaction without override?

Thank you

Leann

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2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

You should be able to check the right box, maybe one of the other checkboxes on page 1 of the 593 made that other option check automatically?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Leanng
Level 2

Thank you Lisa,

I just found out that if I input withholding amount on line 34, Proseries will pick "Cash Poor". 

LN