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Installment Sale
I have had an installment sale every year since 2016, due incremental sales of my business (LLC). I am only receiving payments from the 2016 sale, so there were no payments to report for the 2019 sale. Although all four sales show up on the Form screen, TurboTax only printed the 2016 Form for filing this year. I believe there should have been a Form 6252 printed for 2019, but there wasn't one on the review copy (I have eFiled my Federal Return). Is this going to be a problem? It doesn't affect taxable income, but may affect whether I have a qualified installment sale for 2019 since there wasn't a Form 6252 filed with the return.
‎April 1, 2020
2:36 PM