I sold a rental property and the payment received was split between 2 tax years - 2020 and 2021. When reporting the sale in Turbotax, I report the total 2 years amount where you report a real estate that was sold, and when I continue, there is a screen asking "Do you want to report this sale using the installment method?"
So, I choose Yes, and report the amount for 2021 payment.
However, On 1040 line 7 I see the entire amount instead of just the 2020 amount.
How do I resolve it?
