All the following statements concerning installment sale tax treatment are correct EXCEPT:

All the following statements concerning installment sale tax treatment are correct EXCEPT:
A . If the seller has a gain, the basis portion of each installment is received tax free.
B . The seller must pay income tax on the interest portion of each installment.
C . The entire purchase price may be fully paid in any one taxable year other than the year in which the property is sold.
D . Installments due after the seller’s death are excludible from the seller’s gross estate.

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Answer: D