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IRS.gov Website
Publication 17
taxmap/pub17/p17-085.htm#en_us_publink1000172467

Reporting the Sale(p114)

rule
Do not report the 2013 sale of your main home on your tax return unless:
If any of these conditions apply, report the entire gain or loss. For details on how to report the gain or loss, see the Instructions for Schedule D (Form 1040) and the Instructions for Form 8949.
If you used the home for business or to produce rental income, you may have to use Form 4797 to report the sale of the business or rental part (or the sale of the entire property if used entirely for business or rental). See Business Use or Rental of Home in Publication 523 and the Instructions for Form 4797.
taxmap/pub17/p17-085.htm#en_us_publink1000291182

Installment sale.(p114)

rule
Some sales are made under arrangements that provide for part or all of the selling price to be paid in a later year. These sales are called "installment sales." If you finance the buyer's purchase of your home yourself instead of having the buyer get a loan or mortgage from a bank, you probably have an installment sale. You may be able to report the part of the gain you cannot exclude on the installment basis.
Use Form 6252, Installment Sale Income, to report the sale. Enter your exclusion on line 15 of Form 6252.
taxmap/pub17/p17-085.htm#en_us_publink1000291183
Seller-financed mortgage.(p114)
If you sell your home and hold a note, mortgage, or other financial agreement, the payments you receive in most cases consist of both interest and principal. You must separately report as interest income the interest you receive as part of each payment. If the buyer of your home uses the property as a main or second home, you must also report the name, address, and social security number (SSN) of the buyer on line 1 of Schedule B (Form 1040A or 1040). The buyer must give you his or her SSN, and you must give the buyer your SSN. Failure to meet these requirements may result in a $50 penalty for each failure. If either you or the buyer does not have and is not eligible to get an SSN, see Social Security Number in chapter 1.
taxmap/pub17/p17-085.htm#en_us_publink1000291185
More information.(p114)
For more information on installment sales, see Publication 537, Installment Sales.