United States IRC sections
Statute section
IRC section 453
Installment method
Country
United States
Section
453
Updated
2026-05-20
Operative text
Section 453 generally allows recognition of gain on installment sales over the years in which payments are received, rather than entirely in the year of sale. The method does not apply to dealer dispositions or to sales of inventory, marketable securities, or depreciable property to related parties.
Cross-references
26 U.S.C. 453A26 U.S.C. 453B
Primary sources
- 26 U.S.C. section 453Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.