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January 31, 2025
Question

Federal income tax withholding

  • January 31, 2025
  • 1 reply
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I am a California resident and recently sold a house in New York.  Is the federal income withholding tax required for US citizens to sell a house?  I already paid the New York nonresident withholding tax, do I need to pay the California withholding tax for selling a New York house?

    1 reply

    February 3, 2025

    California law requires withholding when a person (an individual, business entity, trust, or estate) sells California real property unless the seller qualifies for an exemption. So, you don't need to pay California withholding as the seller of a New York property.

     

    See this FTB webpage for more information.

     

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