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 Form 6252 Installment Sale Income 2020

Form 6252 Installment Sale Income 2020

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Instructions such as legislation enacted after they were published go to www.irs.gov/Form6252. Don t file Form 6252 for sales that don t result in a gain even if you will receive a payment in a tax year after the year of sale. The ordinary income recapture is the amount on line 31 of Form 4797. Enter it on line 12 of Form 6252 and also on line 13 of Form 4797. If you sold property to a related party during the year also complete Part III. Purpose of Form Use Form 6252 to report income from an...
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