Question

Can I get to Form 6252. Chat says go to "Tax Home" page and open "Business Section." I don't see that anywhere. Can you help me get to Form 6252?

Forum|Forum|1 year ago
February 13, 2025
1 reply
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How do I get a TurboTax person to call me? I am using Turbotax Deluxe.

If you are using TurboTax Online you need to upgrade to Premium for the Installment Sale.

To report the sale:

Go to Federal
Go to Wages and Income.
Scroll down to Less Common Income
Select Start next to Installment Sale

When you have an installment sale, you have two choices for how you will be taxed on any gains from the sale:

1. You can report and be taxed on the full gain in the year of sale; or
2. You can elect the installment method and only be taxed on the money you receive during any given tax year.

For more information check: What is an installment sale?

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