If you received no principal payments on this installment sale, you have no gain on sale to report this year.
Note that in TurboTax Home & Business, installment sales are entered under Personal Income >> Less Common Income >> Installment Sales. This interview includes questions about principal payments you may have received, which is how the gain is recognized for tax purposes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
