Here’s how to report an installment sale on Form 6252 using TurboTax:
- Open or continue your return.
- Navigate to the installment sales section:
- TurboTax Online/Mobile: Go to installment sales.
- TurboTax Desktop: Search for installment sales and select the Jump to link.
- Check the box next to Sales of real estate, cars, or anything else for which you receive payments over two or more tax years (installment sales). Select Continue.
- Answer Yes to Do you want to report an installment sale?
- Follow the instructions to enter your sale details.
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