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Form 8288-A for South Carolina: What You Should Know

Sep 4, 2023 — The federal government's Department of Revenue identifies an estimated 15,862 Forms 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests. The majority of  the Forms 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests, are not due for payment from October 2023 to June 2023. The Department of Revenue, on behalf of the State of South Carolina, has identified 3,184 Forms 8288, 2, U.S. Withholding Tax Return for Dispositions by Foreign Persons of the U.S. Real Property Interests in the above, United States Real Property Interests, that have not yet been submitted and which are not reported to the IRS as required by Section 6050A, for payment by the State of South Carolina. Mar 11, 2023 — The federal government, the State of South Carolina and the federal government, jointly, by agreement, with respect to Form 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests, resolve that the IRS should continue to use the 2023 Form 8288, U.S. Withholding Tax Return for Dispositions by Other U.S. Persons of Property Interests in the United States, 2023 Form 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of Property Interests in a Foreign country, and 2023 Form 8288 as the primary source for determining that Form 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests is due in the month of March 2022, and that the State and the federal government also will provide a list of Form 8288, 2, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests to the Department of Revenue for use in determining whether Forms 8288, 2, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests are due in the month of March 2020.

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