Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    Why does my form 6252 line 1have code 6 when only 4 codes? is this why irs rejects the return?

    lland
    Level 1
     
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    1 Best Answer

    Accepted Solutions
    Anonymous
    Not applicable

    Hi @lland 
    Following up on this in case someone else has a similar experience. 

    This happens when there is an entry in both the current year installment sale and the prior year installment sale sections. For example, if you enter in both places with code 4, it adds them up to be code 8. Or, if one was code 4 and the other was code 3, it would report as code 7.

    To resolve this, either enter the prior year section or the current section. 

    View solution in original post

    2 Comments 2
    George4Tacks
    Level 15

    That sounds like a very good bet.

    How did you manage to select a 6 when there is a drop down showing only 4 selections?


    Answers are easy. Questions are hard!
    0 Cheers
    Anonymous
    Not applicable

    Hi @lland 
    Following up on this in case someone else has a similar experience. 

    This happens when there is an entry in both the current year installment sale and the prior year installment sale sections. For example, if you enter in both places with code 4, it adds them up to be code 8. Or, if one was code 4 and the other was code 3, it would report as code 7.

    To resolve this, either enter the prior year section or the current section.