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.

Name: 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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Taxpayers who qualify for the installment method must use it unless they opt out of it.

A Taxpayer Eligible to Use the Installment Method for Reporting