I sold a house in Hawaii last year as a nonResident and had $92,000 withheld from the sales price due to HARPTA. I understand how to report this on the Hawaii N15 return but am unsure where on Schedule A of the Federal Return to report it?? Line 5b which would be subject to the $40,000 SALT maximum or line 6 (other taxes), which would not be limited?
Where do I report Hawaii Real Estate Tax Act withholding on my Form 1040 Sched A?
byu/Agreeable_Pride7297 intax
Posted by Agreeable_Pride7297
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Other state withholding: treat as a state estimated tax payment, subject to SALT cap.