Installment Sales
Start to Finish Tax Implications Including Potential Imputed Interest Issues- Recorded 6/10/21
A taxpayer who receives payments for a sale over multiple tax years receives a special tax treatment for gain on that sale. This course reviews how to compute the tax consequences of an installment sale from start to finish, including potential interest imputation issues.
Learning Objectives
- Learn the elements of an installment sale including possible imputed interest
- Understand proper tax reporting for each element of the installment sale in the year of sale and in subsequent years
Education Information
IRS Program Number: NMVBP-T-00179-21-S
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Self-Study
Field of Study: Federal Tax (IRS);
Credit hours: 2 IRS CE
Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our education policies.