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.
New rule for accrual basis taxpayers.
Effective for all sales occurring after December 16, 1999, accrual
basis taxpayers generally cannot use the installment method of
accounting. However, this rule does not apply to the sale of property
used or produced in farming. See Publication 538
for more information.
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