Let's try another way:
For Installment Sales -
- Click on Federal Taxes
- Click on Wages and Income
- Click on I'll choose what I work on
- Under Business Items
- On Sale of Business Property, click the start or update button
On the next screen check the box for installment sales
Tip: You can opt out of the installment method by reporting the gain in the year of the sale. However, you must make this election by the due date of your return, including extensions. You can't use the installment method to report a loss.
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