Firpta Solutions - Withholding Calculator

Start filling out the form below and additional questions will appear.

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Please provide your specific sale information.

What is the sale price of the property you are selling?

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Is The Property Vacant Land?

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Will the Buyer Be Residing In The Property 50% of The Time or More

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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.

Your FIRPTA Withholding will be 15%

Total Withholding

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Your FIRPTA Withholding will be 10%

Total Withholding

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Your FIRPTA Withholding will be 0%

Total Withholding

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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 may be asked to sign an affidavit that they intend to use your property this way. 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 click NEXT to provide us with your property and contact information.

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Firpta Solutions - Withholding Calculator

Start filling out the form below and additional questions will appear.

Please provide your specific sale information.

What is the sale price of the property you are selling?

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Is The Property Vacant Land?

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Will the Buyer Be Residing In The Property 50% of The Time or More

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Your FIRPTA Withholding will be 15%

Total Withholding

Your FIRPTA Withholding will be 10%

Total Withholding

Your FIRPTA Withholding will be 0%

Total Withholding

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 may be asked to sign an affidavit that they intend to use your property this way. 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 click NEXT to provide us with your property and contact information.

How much did you originally pay for the property?

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How much have you spent in capital improvements? (please only include amounts that you can provide proof for in the form of paid receipts or invoices)

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How Much Do You Expect To Pay For Real Estate Commission?

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How Much Do You Expect To Pay In Other Fees Besides Real Estate Commission?

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Is this property being sold by a foreign:

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

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Name

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Phone

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Address

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Additional Information You Want To Add

Do you have any files to share with us?

Relevant documents include purchase HUD, selling HUD, purchase contract, real estate contract, receipts for improvements, trust documents, operating agreements, etc.

Attach Documents

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