ThomasM125
Expert Alumni

Get your taxes done using TurboTax

You need to look at the Form 6252, Installment Sale Income to see if there is an entry on line 26, which reports the installment sale income for the year. It may be that there is wrong information in part I where the gross profit is determined. Or, there may be erroneous entries in part II where the gross profit percentage is applied to the payments received during the year. This could result in no installment sale income being reported on line 26, so there is nothing to transfer to schedule D or form 4797.

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