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Level 3
March 24, 2023
Question

Federal form 6252 is not calculating correctly in the program. In Part II, Line 21 is $13652. Line 22 (addition of lines 20 and 21) shows 0.

  • March 24, 2023
  • 1 reply
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This is an installment sale that began in 2021.  In 2022, the payment received of $13652 time the gross profit Percentage should be recognized.
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