Personal Tax Return Minimum Required Organizer

Withholding Certificate Calculator

Determine the Opportunities for Significant Withholding Reduction

Telephone number: 855-829-5877
FIRPTA Withholding Certificate

According to IRS.gov, the withholding amount on the sale of US property can be adjusted if the IRS issues a withholding certificate. A withholding certificate is an application for a reduced withholding based on the gain of a sale instead of the selling price.

If 15% of the selling price is more than the tax you will owe on this sale, then applying for a withholding certificate may be ideal for you.

Important features to know about withholding certificate applications:

If the withholding certificate can’t be applied for and issued prior to closing, then typically the buyer gets to decide if the funds need to be remitted within 20 days of the closing or if they can remain in escrow pending the approval or rejection of the application.

The IRS will generally act on these requests within 90 days after receipt of a complete application

All parties must have or at least apply for a US tax ID for a withholding certificate

The applicant must be able to prove their basis in the property

The transferee (buyer), the transferee’s agent (typically Realtor), or the transferor (seller) may request a withholding certificate.

A transferor (seller) that applies for a withholding certificate must notify the transferee (seller) in writing that the certificate has been applied for on the day of or or prior to the day of the transfer.

Let us help you start your application today!
APPLICANT INFORMATION
Seller's Name*

First NameLast Name
Seller's Phone Number*

Area CodePhone Number
Seller's email*
example@example.com
Seller's Company Name
Property Address*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Buyer's Name

First NameLast Name
Buyer's Phone Number

Area CodePhone Number
Buyer's email
example@example.com
Buyer's Company Name
Buyer's Realtor Name

First NameLast Name
Buyer's Realtor Phone Number

Area CodePhone Number
Buyer's Realtor email
example@example.com
Buyer's Realtor Company Name
Seller's Realtor Name

First NameLast Name
Seller's Realtor Phone Number

Area CodePhone Number
Seller's Realtor email
example@example.com
Seller's Realtor Company Name
Closing/Title Agent's Name

First NameLast Name
Closing/Title Agent's Phone Number

Area CodePhone Number
Closing/Title Agent's email
example@example.com
Closing/Title Agent's Company Name
And here we go!

Property Sale Information
What is the sale price of the property you are selling?*
Is the property vacant land?*

YesNo
Will the Buyer be residing in the property 50% of the time or more and will the buyer sign a certification of occupancy at closing?*

YesNo
Generally the buyer does not have to withhold if they acquire the property for use as a residence and the amount realized (sales price) is not more than $300,000. The buyer or a member of their family must have definite plans to reside at the property for at least 50% of the number of days the property is used by any person during each of the first two 12-month periods following the date of transfer. When counting the number of days the property is used, do not count the days the property will be vacant. For this exception, the buyer must be an individual purchasing in their own name.
Total Withholding Amount
Your FIRPTA Withholding will be 0%

Based on your answers above, it appears that there will be no withholding because your new buyer intends to use your property as their residence and the selling price is $300,000 or less. Please note that the buyer will be asked to sign an affidavit that they intend to use your property this way. If the buyer does not intend to provide an affidavit at closing, the title company will withhold 15%.

Also, even if there is NO FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference.

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{id}-{form_title}.pdf

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Your FIRPTA Withholding will be 10%

Based on your answers above, it appears that there will be a withholding of 10% of the sale price because your new buyer intends to use your property as their residence and the selling price is over $300,000 but less than $1,000,000. Please note that the buyer will be asked to sign an affidavit that they intend to use your property this way. If the buyer does not intend to provide an affidavit at closing, the title company will withhold 15%

Note: You may have an opportunity to reduce the withholding if the projected tax liability, as a result of the sale would be less than the FIRPTA Withholding previously calculated. If you believe this is your situation, click save and continue and we will move to the Opportunities for Reduced Withholding section.

Also, even if there is A FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference

Fill Again

Edit Submission
{id}-{form_title}.pdf

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Your FIRPTA Withholding will be 15%

Based on your answers above, it appears that there will be a withholding of 15% of the sale price because you are selling vacant land.

Note: You may have an opportunity to reduce the withholding if the projected tax liability, as a result of the sale would be less than the FIRPTA Withholding previously calculated. If you believe this is your situation, click save and continue and we will move to the Opportunities for Reduced Withholding section.

Also, even if there is A FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference.

Fill Again

Edit Submission
{id}-{form_title}.pdf

Download PDF
Your FIRPTA Withholding will be 15%

Based on your answers above, it appears that there will be a withholding of 15% of the sale price because the selling price is $1,000,000 or over. Please note that the 15% withhold will apply even if the buyer intends to occupy the property.

Note: You may have an opportunity to reduce the withholding if the projected tax liability, as a result of the sale would be less than the FIRPTA Withholding previously calculated. If you believe this is your situation, click save and continue and we will move to the Opportunities for Reduced Withholding section.

Also, even if there is A FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference.

Fill Again

Edit Submission
{id}-{form_title}.pdf

Download PDF
Your FIRPTA Withholding will be 15%

Based on your answers above, it appears that there will be a withholding of 15% of the sale price because your new buyer DOES NOT intend to use your property as their residence and the selling price is over $300,000 but less than $1,000,000. Please note that the buyer will be asked to sign an affidavit that they intend to use your property this way. If the buyer does not intend to provide an affidavit at closing, the title company will withhold 15%

Note: You may have an opportunity to reduce the withholding if the projected tax liability, as a result of the sale would be less than the FIRPTA Withholding previously calculated. If you believe this is your situation, click save and continue and we will move to the Opportunities for Reduced Withholding section.

Also, even if there is A FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference.

Fill Again

Edit Submission
{id}-{form_title}.pdf

Download PDF
Your FIRPTA Withholding will be 15%

Based on your answers above, it appears that there will be a withholding of 15% of the sale price because your new buyer DOES NOT intend to use your property as their residence and the selling price is under $300,000. Please note that the buyer will be asked to sign an affidavit that they intend to use your property this way. If the buyer does not intend to provide an affidavit at closing, the title company will withhold 15%

Note: You may have an opportunity to reduce the withholding if the projected tax liability, as a result of the sale would be less than the FIRPTA Withholding previously calculated. If you believe this is your situation, click save and continue and we will move to the Opportunities for Reduced Withholding section.

Also, even if there is A FIRPTA WITHHOLDING, you are still required to report the sale on a US income tax return. If you would like our help to apply for your US tax ID number and/or file this required tax return for you, please proceed all the way to the end where you will have an opportunity to set up a phone conference.

Fill Again

Edit Submission
{id}-{form_title}.pdf

Download PDF

Opportunities for Reducing Withholding
How much did you originally pay for the property?*
How much have you spent in capital improvements (please provide only amounts that you can provide proof for in the form of paid receipts or invoices?*
How much do you expect to pay in closing costs other than real estate commissions?*
How much do you expect to pay in real estate commissions?*
Is this property being sold by a foreign?

IndividualTrustEstateForeign Corporation
Do you have a US Tax ID, such as an ITIN, US Social Security Number or EIN?

YesNo

Documents Upload
Do you have an documents to upload?

YesNo
Attach Documents

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Withholding Certificate Calculator

Determine the Opportunities for Significant Withholding Reduction

Telephone number: 855-829-5877

APPLICANT INFORMATION