jwwarejr
Level 1
12-07-2019
04:08 AM
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If a capital asset is sold at a loss, but there are still principal installment payments is the loss reported on Sch D reported in the year of sale since the loss does not carry from Form 6252 ?
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TaxMonkey
Level 8
12-07-2019
04:08 AM
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Yes, you cannot have a loss and an installment sale.
