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You as the seller will report interest as ordinary income in the same manner as any other interest income. See Where do I enter Form 1099-INT? Enter the buyer's name as the Payer's name & buyer's SSN and the amount of interest received in Box 1.
You may also enter the interest as follows:
Did you report the sale as an installment in the year of sale or did you report the entire sale that year ? If you are also receiving installment payments on the principal then you need to use the form 6252 to report the payments.
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