payments to be received
Defined in 1 place of the United States Code.
The term “payments to be received” includes—
(A) the aggregate amount of all payments which are not contingent as to amount, and
(B) the fair market value of any payments which are contingent as to amount.
Source
- 1994–present26 U.S.C. § 453Internal Revenue Code · Installment method · for purposes of this section