I have a client that sold their S Corp as an Asset sale, with the seller financing the sale through cash up front and a Note for payment over the next 7 years. 

I want to do an installment sale and I show the 1120S with the 6252 and that coming through on the K-1 in Box 17N. 

My question is - do I just record another form 6252 on the 1040 and do the installment sale through the individual for 7 years? And then do nothing on the S Corp going forward because this will be the final return.