When is Gross Income Reportable: Accounting Methods: Installment Method Flashcards
1
Q
Installment Method
A
Buyer is paying over period of time, can wait and treat each payment as part of gain.
Federal Income Tax > When is Gross Income Reportable: Accounting Methods: Installment Method > Flashcards
Installment Method
Buyer is paying over period of time, can wait and treat each payment as part of gain.