How do I enter form 6252 via Turbo Tax?

[JamesG1]

IRS form 6252 reports an installment sale.  The income is apportioned over two or more years of payment.  Follow these directions:

• Down the left side of the screen, click on Federal.
• Down the left side of the screen, click on Wages & Income.
• Click to the right of Less Common Income.
• Click to the right of Installment sales.
• At the screen Installment sales, select Yes.

​​​​​​​If the property was used as rental property or some business purpose, an installment sale question is among the questions in the sale of the business asset.

[DoninGA · Accepted solution]

To enter, edit or delete an Installment Sale -

Click on Federal Taxes (Personal using Home & Business)

Click on Wages & Income (Personal Income using Home & Business)

Click on I'll choose what I work on (if shown)

Scroll down to Less Common Income

On Installment Sales, click the start button

[PELCOMBE1]

Thanks for the reply!

I was able to successfully post my installment sales.

Patrick