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I need help with entering installment sale. I follow the instructions, but I am lost when I am actually on the "Sale of Asset 4797,.... And where to enter the interest?

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Level 15

Interest gets entered where any other interest income would.


ex-AllStar
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Level 15

Every now and then my curiosity gets the best of me and I just have to ask ——— what got you thinking that interest belonged on the 4797?

ex-AllStar, ex-Lutefisk taste taster, ex-ACME product tester
and ex marks the spot where those rocks and anvils hit me.
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Level 15

@laval650 Are these the instructions you get stuck on? https://proconnect.intuit.com/community/form-8949/help/generating-form-6252-for-a-current-year-insta...

If so, which line? 

If not, which instructions are you referring to? 

 


ex-AllStar