CherylW
Level 3

Get your taxes done using TurboTax

This is how you can track your installment sale income:

Your installment sale income will go on line 26 on Form 6252, which carries to line 4 or line 11, Schedule D.

It then gets carried to Schedule 1, line 13.  That gets combined with other Schedule 1 items, and goes to line 6, Form 1040.

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