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Turbo Tax Online-Installment Sales Principal "Fill-in Box" not flowing to other forms correctly.
2020 Business Income-installment sales principal "fill-in box", does not
- -generate a 6252,
- - or a 4797,
- -Schedule D,
- - Line 7,1040,
- -populate Income Revisit/Edit page
- -or carry to Capital Gain on my state tax return
I have discovered a 6252 was not generated with my 2019 tax return, but all forms were generated correctly for 2015-2018 from the date of the installment sale.
Do I need to amend my 2019 tax return to generate a 6252, since that form carries cumulative principal received? Or does that even matter or not relate to the problem?
March 13, 2021
1:55 PM