Re: 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 · ‎08-31-2020

sjrcpa · ‎08-31-2020

Interest gets entered where any other interest income would.

The more I know, the more I don't know.

IRonMaN · ‎08-31-2020

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 · ‎09-02-2020

If so, which line?

If not, which instructions are you referring to?

Answers are easy. Questions are hard!

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?