If a capit asset is sold at a loss but there are princi installment paymts is loss reported on Sch D in the year of sale since the loss does not carry from Form 6252 ?

[jwwarejr]

If a capital asset is sold at a loss, but there are still principal installment payments is the loss reported on Sch D reported in the year of sale since the loss does not carry from Form 6252 ?

[TaxMonkey · Accepted solution]

Yes, you cannot have a loss and an installment sale.