Then there has to be recapture of that depr to extent of allocated sales price.........and that recapture income is ordinary income recognized in year of sale regardless of the amount of money received.

There are lines on the Form 6252 Installment sale which allow for these and the rest of the needed calculations.

Rates change depending upon filing status, etc..

Married filing jointly changes from 15% to 25% at 65K+........65700 or thereabouts.

However, depending upon if 2009 sale and components of sale..........max rate on the sale of 15%.........plus possible zero on elements.

You need a good tax person if you sold land of any significance, especially if you have significant other income, since the alternative minimum tax could bite you.