PatriciaV
Expert Alumni

Get your taxes done using TurboTax

When you enter this transaction as an Installment Sale under Sale of Investments, TurboTax will calculate the overall gain and the amount to be claimed this year. All necessary forms will be completed and included in your filed tax return.

 

Note that your net sales proceeds would be the sales price less any selling/closing costs.

 

Additional information: How do I report an installment sale in TurboTax?

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