To review/change your form 6252, while logged in to your account and in your return: Click on Federal Click on Income & Expenses Scroll down to "Installment Sales" & click on Edit Click on Edit next to your Installment Sale you want to Review/Edit

Question

How can I review/change form 6252 - Installment sale income? I think the gross profit percentage is wrong.

Forum|Forum|6 years ago
February 26, 2020
1 reply
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TurboTax Premier Online

D

DavidD66

To review/change your form 6252, while logged in to your account and in your return:

Click on Federal
Click on Income & Expenses
Scroll down to "Installment Sales" & click on Edit
Click on Edit next to your Installment Sale you want to Review/Edit

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M

milehighapa

Your instructions do not match my current screens. I need to be able to enter the gain from a 2-year-old installment sales contract for the asset (i.e. the franchise agreement) of our company. It is the only activity for the company and sole income. Please help me prepare Form 6252.

P

PattiF

In order to access Form 6252, you would need to be using the TurboTax CD/Desktop version. This will give you access to the forms to enter prior year payments.

Or if you are using TurboTax Online, follow these steps to produce the form: