Legal Question in Real Estate Law in Arizona
FRPTA Tax
What form needs to be filled out to get a refund for FRPTA tax that has already been paid? Foreign Nationals sold a house in Arizona for $159,000 where the buyers live in it as their primary residence. The title company sent the required FRPTA tax to the IRS but now, it should be sent back. What next?
Asked on 10/15/06, 5:41 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: FRPTA Tax
You will take care of it when you file your annual 1040 with the IRS or whatever form you use. Your CPA will know what to do.
Answered on 10/15/06, 9:49 pm