grandmabee Posted March 30, 2008 Report Share Posted March 30, 2008 I have a 6252 installment sale. This year client accepted a payoff for discounted price. I can't remember how to do this. I think I have to recalulate the figures for the gain and % of profit. Any help would be welcome. Quote Link to comment Share on other sites More sharing options...
Redneck Posted March 30, 2008 Report Share Posted March 30, 2008 I have a 6252 installment sale. This year client accepted a payoff for discounted price. I can't remember how to do this. I think I have to recalulate the figures for the gain and % of profit. Any help would be welcome. Page 11 of Pub 537 has a pretty good explanation of this. Quote Link to comment Share on other sites More sharing options...
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