Where do I enter Installment Sales (Form 6252)?
Menu Path: Income > Uncommon Income > Installment Sale
Enter installment sales for sales occurring before 2025 on the Your Installment Sales screen. If the sale happened during 2025, you can enter the installment sale in the business screen that the asset belongs to.
Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
Menu Path: Income > Business / Rental Income > Rental Income (Schedule E)
Menu Path: Income > Business / Rental Income > Farm Income (Schedule F)
Menu Path: Income > Business / Rental Income > Farm Rental Income (Form 4835)
An installment sale is a sale of property where you agree to receive at least one payment after the tax year of the sale. For example, you sell your main home and agree to carry a note and let the buyer pay you over more than one tax year.
When you have an installment sale, you can either report and be taxed on the full gain in the year of sale or elect to use the installment sale method and only be taxed on the money you receive during any given tax year. For example, this could be beneficial if you can't exclude all or part of the gain on your home so that you don't have to pay all the tax on that gain at once.
Enter installment sales for sales occurring before 2025 on the Your Installment Sales screen. If the sale happened during 2025, you can enter the installment sale in the business screen that the asset belongs to.
Menu Path: Income > Business / Rental Income > Business Income (Schedule C)
Menu Path: Income > Business / Rental Income > Rental Income (Schedule E)
Menu Path: Income > Business / Rental Income > Farm Income (Schedule F)
Menu Path: Income > Business / Rental Income > Farm Rental Income (Form 4835)
An installment sale is a sale of property where you agree to receive at least one payment after the tax year of the sale. For example, you sell your main home and agree to carry a note and let the buyer pay you over more than one tax year.
When you have an installment sale, you can either report and be taxed on the full gain in the year of sale or elect to use the installment sale method and only be taxed on the money you receive during any given tax year. For example, this could be beneficial if you can't exclude all or part of the gain on your home so that you don't have to pay all the tax on that gain at once.
