JamesTC
Level 3

So I report the installment sale on the S Corp with the 6252 and that passes through on the K-1 to the owner and then I report the same installment sale on the shareholders personal return, with the 6252. Along with all future payments.

So even though there is a 6252 on the final return for the S corp - that's okay that nothing more is reported on the 1120S because it is a final return in 2025?

0 Cheers