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Box 20 Code P Section 453A(C) information

lorrytax
Level 1

Where do I enter the data.  It appears it was an installment sale of an asset. Partner is an individual and I have searched all over screen 20.1 and cannot find anything that is helpful.  

Please, does someone understand this and can guide me.

thank you

Lorry Sorgman

 

1 Comment 1
Dragon
Level 2

If I'm understanding your question correctly, you would enter in the deposition screen and then go to installment sales. Individual would be screen 17, partnership screen 19, and in each scroll down to installment sales 6252. The corporations will has something similar.

Hope this helps.