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    I need help with entering installment sale. I follow the instructions, but I am lost when I am actually on the "Sale of Asset 4797,.... And where to enter the interest?

    laval650
    Level 3
     
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    3 Comments 3
    sjrcpa
    Level 15

    Interest gets entered where any other interest income would.


    The more I know the more I don’t know.
    IRonMaN
    Level 15

    Every now and then my curiosity gets the best of me and I just have to ask ——— what got you thinking that interest belonged on the 4797?


    Slava Ukraini!
    George4Tacks
    Level 15

    @laval650 Are these the instructions you get stuck on? https://proconnect.intuit.com/community/form-8949/help/generating-form-6252-for-a-current-year-insta...

    If so, which line? 

    If not, which instructions are you referring to? 

     


    Answers are easy. Questions are hard!