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Form 6252 Minneapolis Minnesota: What You Should Know

ES Tax Worksheet Form 6251, Installment S-8. •. Installment/Capital Gains/Dividend Form 6251, Installment Sales. •. Form 6251 (AMT), Recomputed Installment Sales. •. Income for AMT Form IT-2105-MN, ES Tax Worksheet. •. ES Tax Worksheet Form 6151, Installment Sale Schedule K. •. Form 6151 (Form IT-1) — ES Tax Worksheet. •. ES Tax Worksheet Form 6251(AMT), Recomputed Installment Sales Form 6251 (AMT), Recomputed Buyback Schedule •. Installment/Capital Gains/Dividend For Schedule C, Enter the information from Forms 1023 (with adjustments from Form 1023-EZ06), Form 2555 (included in Schedule K), Schedule N, Schedule Q and Form 843 as well as line 6 and line 7 and in particular line 7a and line 7b. For Schedule K, enter the information from Section A, Section B, Form T, Schedule R and Schedule S. In addition, enter item 10 (Form T) and the amount of the capital gain or loss. If the sale was done for capital gain purpose, enter the amount of the capital gain or loss on Line 11 (Form T). If the sale was done for cash or property basis, use Lines A and 11. For Schedule R, enter the amount of the capital gain or loss in Section A, Section B, Form T. For Schedule S, enter the amount of the capital gain or loss on Lines A and 11. For Form 843, enter either (a) the total amount on line 4 (Form 1023 or Schedule 25) or as a percentage of the adjusted basis, Line 15 (Form 1025 or Schedule 40). If you do not know what item on form 843 you should enter at line 15, see page 20 (Form 1025 or Schedule 40) of the book. You may use your Form 1023, Schedule 25, Schedule 40, or page 20 (Form 1025 or Schedule 40) of the book as the basis for determining the basis for line 8 (Form 843) in your return. If the sale occurred before January 1, 2013, report the sale on Schedule K.

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