sale of farmland

[sicilian prince]

What is the name of your state? Illinois. I live in illinois but the sale of farmland is located in Ohio. What is the federal & state tax on the sale. Is the sale considered ordinary or capital gains income? What forms are needed for filing? Can payment of taxes be in installments?

 

[BelizeBreeze]

you've GOT to be kidding....do you really expect an answer with absolutely no background, no facts and no information?