graber38
Level 2
12-01-2020
09:51 AM
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how to show Sec 121 exclusion on Form 6252 re installment sale of primary residence
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IRonMaN
Level 15
12-01-2020
10:18 AM
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I would start by not using a form 6252. If you have no gain to report, you really don't have a reportable installment sale.
Slava Ukraini!
TaxGuyBill
Level 15
12-01-2020
10:28 AM
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Look at Line 15 of Form 6252.
clr600
Level 8
12-01-2020
10:32 AM
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Interest earned over the period of the sale loan would be taxable.
Level 14
12-01-2020
11:28 AM
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You need to research the details in pub 537