- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
This did not answer the question at all. How does a cash basis taxpayer account for an installment sale of his inventory (cars). He cannot use the 6252 and if he reports his annual payments as sales how does he apply them to the note receivable and also remove the sold car from inventory?
‎September 23, 2023
9:32 AM