1120S Form 6252 line 21 error

[dheinrich]

I am reporting an Installment Sale

  Line 1is Amortized Organization Costs

  Property type code is 2

I received error on Form 6252 Line 21  

[Anonymous_ · Accepted solution]

It is not clear how you are entering this transaction so you might want to provide more details.

Regardless, if you are preparing Form 6252 in Forms Mode, you need to enter the principal payments received in the Payments Received and Unrecaptured 1250 Gain Smart Worksheet (Line A in Part II of Form 6252).