Ghost-Tax
Level 3
12-06-2019
06:33 PM
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I can't remember the last time I did a 6252. In this sale of business there is no property or anything. In Part I I put the selling price (line 5), then the basis (line 8), then the dates when it was acquired and sold, but where do I put the amount received at the time of sale? They got 80k in 17 and then the remainder of 20k they will receive in 5 years. Thank you.