US Code
CHAPTER 1— NORMAL TAXES AND SURTAXES
Subchapter O— Gain or Loss on Disposition of Property

PART I— DETERMINATION OF AMOUNT OF AND RECOGNITION OF GAIN OR LOSS

§ 1001. Determination of amount of and recognition of gain or loss - (a) Computation of gain or lossThe gain from the sale...

[§ 1002. Repealed. , , ] -

PART II— BASIS RULES OF GENERAL APPLICATION

§ 1011. Adjusted basis for determining gain or loss - (a) General ruleThe adjusted basis for determining the gain or...

§ 1012. Basis of property—cost - (a) In generalThe basis of property shall be the cost...

§ 1013. Basis of property included in inventory - If the property should have been included in the last...

§ 1014. Basis of property acquired from a decedent - (a) In generalExcept as otherwise provided in this section, the...

§ 1015. Basis of property acquired by gifts and transfers in trust - (a) Gifts after December 31, 1920If the property was acquired...

§ 1016. Adjustments to basis - (a) General ruleProper adjustment in respect of the property shall...

§ 1017. Discharge of indebtedness - (a) General ruleIf—(1) an amount is excluded from gross income...

[§ 1018. Repealed. , , ] -

§ 1019. Property on which lessee has made improvements - Neither the basis nor the adjusted basis of any portion...

[§ 1020. Repealed. , , ] -

§ 1021. Sale of annuities - In case of the sale of an annuity contract, the...

[§ 1022. Repealed. , , ] -

§ 1023. Cross references - (1) For certain distributions by a corporation which are applied...

[§ 1024. Renumbered § 1023] -

PART III— COMMON NONTAXABLE EXCHANGES

§ 1031. Exchange of real property held for productive use or investment - (a) Nonrecognition of gain or loss from exchanges solely in...

§ 1032. Exchange of stock for property - (a) Nonrecognition of gain or lossNo gain or loss shall...

§ 1033. Involuntary conversions - (a) General ruleIf property (as a result of its destruction...

[§ 1034. Repealed. , , ] -

§ 1035. Certain exchanges of insurance policies - (a) General rulesNo gain or loss shall be recognized on...

§ 1036. Stock for stock of same corporation - (a) General ruleNo gain or loss shall be recognized if...

§ 1037. Certain exchanges of United States obligations - (a) General ruleWhen so provided by regulations promulgated by the...

§ 1038. Certain reacquisitions of real property - (a) General ruleIf—(1) a sale of real property gives rise...

[§ 1039. Repealed. , , ] -

§ 1040. Transfer of certain farm, etc., real property - (a) General ruleIf the executor of the estate of any...

§ 1041. Transfers of property between spouses or incident to divorce - (a) General ruleNo gain or loss shall be recognized on...

§ 1042. Sales of stock to employee stock ownership plans or certain cooperatives - (a) Nonrecognition of gainIf—(1) the taxpayer or executor elects in...

§ 1043. Sale of property to comply with conflict-of-interest requirements - (a) Nonrecognition of gainIf an eligible person sells any property...

[§ 1044. Repealed. , , ] -

§ 1045. Rollover of gain from qualified small business stock to another qualified small business stock - (a) Nonrecognition of gainIn the case of any sale of...

PART IV— SPECIAL RULES

[§ 1051. Repealed. , , ] -

§ 1052. Basis established by the Revenue Act of 1932 or 1934 or by the Internal Revenue Code of 1939 - (a) Revenue Act of 1932If the property was acquired, after...

§ 1053. Property acquired before - In the case of property acquired before , if the...

§ 1054. Certain stock of Federal National Mortgage Association - In the case of a share of stock issued pursuant...

§ 1055. Redeemable ground rents - (a) CharacterFor purposes of this subtitle—(1) a redeemable ground rent...

[§ 1056. Repealed. , , ] -

[§ 1057. Repealed. , , ] -

§ 1058. Transfers of securities under certain agreements - (a) General ruleIn the case of a taxpayer who transfers...

§ 1059. Corporate shareholder’s basis in stock reduced by nontaxed portion of extraordinary dividends - (a) General ruleIf any corporation receives any extraordinary dividend with...

§ 1059A. Limitation on taxpayer’s basis or inventory cost in property imported from related persons - (a) In generalIf any property is imported into the United...

§ 1060. Special allocation rules for certain asset acquisitions - (a) General ruleIn the case of any applicable asset acquisition,...

§ 1061. Partnership interests held in connection with performance of services - (a) In generalIf one or more applicable partnership interests are...

§ 1062. Cross references - (1) For nonrecognition of gain in connection with the transfer...

[PART V— REPEALED]

[§ 1071. Repealed. , , ] -

[PART VI— REPEALED]

[§§ 1081 to 1083. Repealed. , , ] -

PART VII— WASH SALES; STRADDLES

§ 1091. Loss from wash sales of stock or securities - (a) Disallowance of loss deductionIn the case of any loss...

§ 1092. Straddles - (a) Recognition of loss in case of straddles, etc.(1) Limitation...

[PART VIII— REPEALED]

[§§ 1101 to 1103. Repealed. , , ] -

[PART IX— REPEALED]

[§ 1111. Repealed. , , ] -

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US Code CHAPTER 1— NORMAL TAXES AND SURTAXES Subchapter O— Gain or Loss on Disposition of Property

US Code
CHAPTER 1— NORMAL TAXES AND SURTAXES
Subchapter O— Gain or Loss on Disposition of Property