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Installment sale 6252

GAFarmer
Level 1

Where to enter interest payments on installment sale? Is there an input in the disposition screen, or just enter it straight on Sch B?

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1 Comment 1
PhoebeRoberts
Level 11
Level 11

Straight on Sch B! If it's a seller-financed mortgage on a personal residence, it goes in the second box, with payor information way at the bottom in the Additional Information section.