IRS Publication 537 — Installment Sales

Source [1] IRS Publication 537 — Installment Sales

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“Installment sale. An installment sale is a sale of property where you receive at least one payment after the tax year of the sale. If you realize a gain on an installment sale, you may be able to report part of your gain when you receive each payment. This method of reporting gain is called the installment method.”

> Official source: https://www.irs.gov/pub/irs-pdf/p537.pdf — cite as: IRS Pub. 537, [section/page]. Check irs.gov for the current revision before relying on figures.

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