1- I did not report on form 6252. Then you don't have an installment sale to report if you did not do one in the year of sale.
2- I've only been using the 1099-INT each year. Good ... then you know you MUST report the interest income that has been reported. Since you have no 6252 it only goes in the interest income section.
3- After reading the instructions again, I will only enter the principal portion and NOT the interest. I hope that was a typo ... you MUST report the interest since the IRS knows about it ... failure to do so will result in getting a CP2000 in a couple of years for the missing income.
