Table of Contents
For the latest information about developments related to Publication 537, such as legislation enacted after it was published, go to www.irs.gov/pub537.
Photographs of missing children. The Internal Revenue Service (IRS) is a proud partner with the National Center for Missing and Exploited Children. Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.
Note. Section references within this publication are to the Internal Revenue Code and regulation references are to the Income Tax Regulations under the Code.
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. You cannot use the installment method to report a loss. You can choose to report all of your gain in the year of sale.
This publication discusses the general rules that apply to using the installment method. It also discusses more complex rules that apply only when certain conditions exist or certain types of property are sold.
If you sell your home or other nonbusiness property under an installment plan, you may need to read only the General Rules . If you sell business or rental property or have a like-kind exchange or other complex situation, also see the appropriate discussion under Other Rules .
Internal Revenue Service
Tax Forms and Publications
1111 Constitution Ave. NW, IR-6526
Washington, DC 20224
523 Selling Your Home
544 Sales and Other Dispositions of Assets
550 Investment Income and Expenses
551 Basis of Assets
4895 Tax Treatment of Property Acquired From a Decedent Dying in 2010
Form (and Instructions)
4797 Sales of Business Property
6252 Installment Sale Income
See How To Get Tax Help near the end of this publication for information about getting publications and forms.
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