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-   -   How do I report income received from a review period extension payment? (https://www.askmehelpdesk.com/showthread.php?t=462041)

  • Apr 2, 2010, 12:33 PM
    bwayco
    How do I report income received from a review period extension payment?
    I had a purchase agreement on my home and the buyer paid me $2500 for an extension. How do I report this amount on my taxes?
  • Apr 3, 2010, 04:18 AM
    MukatA

    It may be added to your sale price while reporting the sale on schedule D (Form 1040). Not sure.

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