Generally, if you are a foreign person that disposes of real property located in the United States as seller or transferor, the buyer or other transferee must withhold a percentage of the amount realized. To report this withholding in TaxSlayer ProWeb, from the Federal Section of the 1040-NR Return select;
- Payments and Estimates
- Withholding on Dispositions by Foreign Persons on U.S. Real Property Interests
Note: Form 8288-A is a source document, the information will carry to the 1040-NR but the form 8288-A will not print with the return.
Additional Information: