139k views
5 votes
How is the installment sale of an entire business reported on the tax return?

User Kiow
by
8.5k points

1 Answer

4 votes
Use Form 6252 to report the income from the installment sale. The sale may also need to be reported on one or both of the following Forms: Schedule D (Form 1040) or Form 4797.
User Beryllium
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories