Receiving installment payments on rental real estate sold at a gain and owner financed.
Amounts from forms 4797 and 6252 are ultimately being reported on form 1040, line 8, Other Income From Schedule 1, line 10.
Then, I believe I am being taxed at ordinary rates on this long term capital gain installment income, rather than the preferred lower capital rates.
Unclear as to how to correct this in turbo tax.
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