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

User Kiow
by
6.6k 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
6.2k points