Question 23 of 75. How is the installment sale of an entire business reported on the tax return? One Form 6252 reports the entire disposition. O Separate Forms 6252 are completed for each asset. O One Form 625 O Separate Forms 6252 are completed for each asset class and type. 2 is completed for the tangible assets, and another is completed for intangible assets. Mark for follow up L ue uplele fo ach asset class and type. Mark for follow up Question 24 of 75. Which of the following statements regarding the installment sale expense of sale of an entire business must be allocated because: of an entire business is FALSE? The sale price and Real and personal property can be reported on the installment method but inventory cannot. ny depreciation recapture income from the sale of depreciable property cannot be reported on the installment method. Assets sold at a loss cannot be reported using the installment method. Intangible property cannot be reported using the installment method. Mark for follow up Back Save / Return Later Summary Next