turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

blemkau
New Member

Installment sales

2023, we sold a business and had the first installment sale.  2024, we received a second payment of the same sale.  I'd like to set up form 6252 the same way as last year, but it's not working.  It comes up with "based on the information entered, you have no installment sale income..."  How do I enter this correctly?

 

We don't have the business any longer so there's no Sch C if that matters.

I entered:

Principal payments received (2023) 2500, and then entered 2500 for 2024.  Then, get the above message.

 

Thanks for your help.

 

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question