Discussion:Scorp stock sale installment or CG?

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Discussion Forum Index --> Tax Questions --> Scorp stock sale installment or CG?

Dlpahas (talk|edits) said:

14 April 2007
I have a client who sold his Scorp. The sale was for a $ amount for the stock he owned (sole stockholder) but the sale agreement was set up for payments. Is this a stock sale with CG or is it an installment sale on a 4797?

Riley2 (talk|edits) said:

14 April 2007
It is an installment sale on Form 6252 and Sch. D.

Dlpahas (talk|edits) said:

14 April 2007
THanks.

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