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    Business
  3. Study Set
    Income Tax Fundamentals
  4. Exam
    Exam 8: Depreciation and Sale of Business Property
  5. Question
    A Taxpayer Eligible to Use the Installment Method for Reporting
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A Taxpayer Eligible to Use the Installment Method for Reporting

Question 104

Question 104

True/False

A taxpayer eligible to use the installment method for reporting gain on the sale of an asset must use the installment method unless he or she elects out of the provision.

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