Form 6252 Form Field Reference for TY2011
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FORM 6252 Installment Sale Income |
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|
Field No. |
Description |
Line Ref. |
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|
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|
0010 |
Property Description |
1 |
|
0020 |
Date Acquired |
2a |
|
0030 |
Date Sold |
2b |
|
0040 |
Related Party Yes |
3 |
|
0050 |
Related Party No |
3 |
|
0060 |
Marketable Security Yes |
4 |
|
0070 |
Marketable Security No |
4 |
|
0080 |
Selling Price |
5 |
|
0090 |
Mortgage / Indebtedness |
6 |
|
0100 |
Line 5 Minus Line 6 |
7 |
|
0110 |
Cost or Basis |
8 |
|
0120 |
Depreciation Allowable |
9 |
|
0130 |
Adjusted Basis |
10 |
|
0140 |
Commission/Other Exp |
11 |
|
0150 |
Income Recapture F4797 |
12 |
|
0160 |
Sum of Lines 10/11/12 |
13 |
|
0170 |
Line 5 Minus Line 13 |
14 |
|
0185 |
Excluded Gain Amount |
15 |
|
0190 |
Gross Profit |
16 |
|
0200 |
Line 6 Minus Line 13 |
17 |
|
0210 |
Contract Price |
18 |
|
0220 |
Gross Profit Ratio |
19 |
|
0230 |
Yr of Sale Line 17 Amt |
20 |
|
0240 |
Payments Received |
21 |
|
0250 |
Sum of Lines 20, 21 |
22 |
|
0260 |
Payments Recd Prior Yr |
23 |
|
0270 |
Installment Sale Income |
24 |
|
0280 |
Ordinary Income Part |
25 |
|
0290 |
Line 24 Minus Line 25 |
26 |
|
0300 |
Related Party Identity |
27 |
|
0310 |
Continuation Data |
27 |
|
0320 |
Property Sold Yes |
28 |
|
0330 |
Property Sold No |
28 |
|
0335 |
2nd Disp more than 2 years after 1st Disp |
29a |
|
0337 |
Date of Disposition |
29a |
|
0340 |
1st Disp Sale/Exchange |
29b |
|
0350 |
2nd Disp Involuntary Conversion |
29c |
|
0360 |
2nd Disp After Death of Orig. Seller/Buyer |
29d |
|
0370 |
Disposition Not to Avoid Tax |
29e |
|
0380 |
Explanation of Disp Not to Avoid Tax |
29e |
|
0390 |
Selling Price |
30 |
|
0400 |
Contract Price 1st Yr |
31 |
|
0410 |
Smaller Line 30 or 31 |
32 |
|
0420 |
Total Payments Received |
33 |
|
0430 |
Line 32 Minus Line 33 |
34 |
|
0440 |
Line 34 Times 1st Year Gross Profit Ratio |
35 |
|
0450 |
Line 35 Ordinary Income |
36 |
|
0460 |
Line 35 Minus Line 36 |
37 |
