This is archived information that pertains only to the 2000 Tax Year. If you are looking for information for the current tax year, go to the Tax Prep Help Area.
How do I report interest received on an installment sale?
If you receive interest on an installment sale, report the entire amount on Form 1040, SCHEDULE B. For additional information on installment sales, refer to Tax Topic 705, or Publication 537, Installment Sales.
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