This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 6252 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 6252?
A: IRS Form 6252 is used to report installment sale income.
Q: What is an installment sale?
A: An installment sale is when you sell property and receive at least one payment after the tax year of the sale.
Q: Who uses IRS Form 6252?
A: Anyone who has engaged in an installment sale of property should use IRS Form 6252 to report the income.
Q: Why do I need to report installment sale income?
A: You need to report installment sale income to accurately report your taxable income and ensure compliance with tax laws.
Q: When is the deadline to file IRS Form 6252?
A: The deadline for filing IRS Form 6252 is usually April 15th, unless an extension has been granted.
Q: Are there any penalties for not filing IRS Form 6252?
A: Yes, failing to file IRS Form 6252 or reporting incorrect information may result in penalties and interest.
Form Details:
Download a fillable version of IRS Form 6252 through the link below or browse more documents in our library of IRS Forms.