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- Federal form 6252 is not calculating correctly in the program. In Part II, Line 21 is $13652. Line 22 (addition of lines 20 and 21) shows 0.
Federal form 6252 is not calculating correctly in the program. In Part II, Line 21 is $13652. Line 22 (addition of lines 20 and 21) shows 0.
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liebscher4cpa
Level 1
03-24-2023
01:43 PM
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This is an installment sale that began in 2021. In 2022, the payment received of $13652 time the gross profit Percentage should be recognized.
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George4Tacks
Level 15
03-24-2023
04:06 PM
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Hopefully this will help
If not Contact Support EITHER https://proconnect.intuit.com/community/proconnect-tax-news-updates/discussion/proconnect-tax-assist... OR https://proconnect.intuit.com/support/en-us/help-article/intuit-account-settings/contact-proconnect-...
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