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Installment Sales
I sold my business last year on an installment sale. I filed my business taxes (as a last filing) using TT Business. In the process I filled out form 6252 for 51 individule assets for the first year of the installment sale. This year I have to report payments and gains for the second year of the installment sale using TT Deluxe for my 1040. I assumed I needed to do another 51 iterations for form 6252 for the second year. However TT Deluxe imposes a maximun limit of 25 entries. What do I do?
‎January 14, 2022
9:05 AM