Form 6252 - Nov 2008

Form 6252 is used by individuals who had an installment sale of the property to report the gain or loss from the sale. It helps determine the amount of gain or loss to report and the installment payments to report as income each year. The form is specific to the year 2006.

Individuals who had an installment sale of property should fill in this form.

The completed Form 6252 should be attached to the tax return and submitted to the IRS.