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Question

In 2013, my return showed an installment sale of a home. It has not shown since and thought Turbo pulled info from each year to next. What do I do?

Forum|Forum|7 years ago
June 5, 2019
1 reply
0 views

I looks like the installment payment income from form 5262 was not entered for the last 3 years. Should I amend those returns or can I fix this when I do my 2017 returns?

TurboTax Free Edition Online

Level 2

Did you receive other installments in the following years? If so, and you received documents each year you should have input that data into each years tax return. If you did not report installments for the following years you should do amended returns for each year you had an installment. By the way, you need to check to see if data has been carried forward. Do not presume that everything has been carried forward each year. I hope this helps you and good luck.