Installment sale in estate

[Kea]

Client passed away in 2011 while collecting on an installment sale.

I know the estate "steps into the shoes" of the decedent. But for the header info at the top of the 6252, do I use the DOD or do I keep the original purchase and sale dates?

Part I remains blank?

In Part II, for the amounts paid in previous years - does this continue from the client's return or does it now become $0 since the estate had not collected on the installment previously?

Thanks.

[jainen]

>>do I keep the original purchase and sale dates?<<

According to Pub 537, "The transfer of an installment obligation (other than to a buyer) as a result of the death of the seller is not a disposition."

In my opinion, if there was no disposition then there could not have been an acquisition on the other side. Continue to use the same information the decedent used.

[kcjenkins]

I agree. it just goes on as before.

[Kea]

Great! Thanks for confirming.