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how installment sale of primary residence

graber38
Level 1

how to show Sec 121 exclusion on Form 6252 re installment sale of primary residence

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4 Replies 4
IRonMaN
Level 15

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.

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TaxGuyBill
Level 14

Look at Line 15 of Form 6252.

 

clr600
Level 7

Interest earned over the period of the sale loan would be taxable.

Terry53029
Level 11
Level 11

You need to research the details in pub 537