I'm trying to report an installment sale in the 2023 Turbo Tax Basic desktop edition. I do not see this option as part of the interview process. In the 2022 edition, you had to bring up "Installment Sales" in the search to get the link to the right place. Doing this in the 2023 edition doesn't work with the new AI Assistant.
I can and will enter the data in forms mode, but it seems that this is a missing in the latest edition.
Any other ideas?
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Yes, you can prepare that form in TurboTax (Form 6252). As Critter-3 points out, if it is a business sale you can follow the screens provided.
If it is a sale of investment or personal property you can use the steps below to arrive at the location to complete the installment sale:
Yes, you can prepare that form in TurboTax (Form 6252). As Critter-3 points out, if it is a business sale you can follow the screens provided.
If it is a sale of investment or personal property you can use the steps below to arrive at the location to complete the installment sale:
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