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PugNickel
New Member

TT computed a 1.000 gross profit ratio of an installment sale where in sales price was $120,000 with $110,000 mortgage carried back. How can my income be $102,048?

 
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Lisa995
Level 12

TT computed a 1.000 gross profit ratio of an installment sale where in sales price was $120,000 with $110,000 mortgage carried back. How can my income be $102,048?

Please keep all your posts on the same subject to one thread.  Im closing this post, someone is attempting to help you on your other post.

https://ttlc.intuit.com/questions/4522893-how-can-turbotax-compute-my-installment-sale-income-to-be-...

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

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1 Reply
Lisa995
Level 12

TT computed a 1.000 gross profit ratio of an installment sale where in sales price was $120,000 with $110,000 mortgage carried back. How can my income be $102,048?

Please keep all your posts on the same subject to one thread.  Im closing this post, someone is attempting to help you on your other post.

https://ttlc.intuit.com/questions/4522893-how-can-turbotax-compute-my-installment-sale-income-to-be-...

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
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