One advantage of an installment sale for federal income tax purposes, is that:
A: The gain from a sale will be recognized in the year of the sale;
B: No taxes are due for the year of the sale;
C: Successive payments on the gain for the sale will be at the same tax rate;
D: The gain realized will be taxed in the year it was received.
Answer: D: The gain realized will be taxed in the year it was received.
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