Form 6252 - Jan 1997

Form 6252 is used to report installment sale income for individuals. It is required for those who have sold property or assets on an installment basis. The form needs to be filled out accurately and submitted to the Internal Revenue Service. The information provided in this form is crucial for calculating the tax liability of the individual. It is important to ensure that all relevant details are included in the form to avoid any discrepancies or penalties.

Individuals involved in an installment sale should fill in the form.

The completed Form 6252 should be attached to the tax return and submitted to the Internal Revenue Service (IRS).