Announcement

Collapse
No announcement yet.

Change in installment sale

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Change in installment sale

    Married couple sold rental property on an installment sale in 2000. Couple is now divorced. Each taxpayer is receiving half of the original payments. What changes need to be? Any statements need to be added to the return?

    #2
    Same gross profit percentage for each. The only change is each now only receives half the principal and interest as before when they filed joint.

    Comment


      #3
      Thanks for the info

      Thanks for the info

      Comment

      Working...
      X