Part IV – Special Rules For Determining Capital Gains and Losses

Special Rules For Determining Capital Gains and Losses

Pathway

Title 26 > Subtitle A > Chapter 1 > Subchapter P > Part IV

Details

• Reference: Part IV
• Legend: Special Rules For Determining Capital Gains and Losses
• USCode Year: 2013

Provision Content

Amendments

2004—Pub. L. 108–357, title IV, §413(c)(32), Oct. 22, 2004, 118 Stat. 1510, struck out items 1246 Gain on foreign investment company stock and 1247 Election by foreign investment companies to distribute income currently.

Pub. L. 108–311, title IV, §408(a)(18), Oct. 4, 2004, 118 Stat. 1192, substituted Gains or losses from securities futures contracts for Securities futures contracts in item 1234B.

2000—Pub. L. 106–554, §1(a)(7) [title IV, §401(h)(2)], Dec. 21, 2000, 114 Stat. 2763, 2763A–650, which directed the amendment of the table of sections of subpart IV of subchapter P of chapter 1 by adding item 1234B, was executed by adding item 1234B to the table of sections for this part which is part IV of subchapter P of chapter 1 to reflect the probable intent of Congress.

1999—Pub. L. 106–170, title V, §534(b), Dec. 17, 1999, 113 Stat. 1934, added item 1260.

1997—Pub. L. 105–34, title X, §1001(c), Aug. 5, 1997, 111 Stat. 907, added item 1259.

1993—Pub. L. 103–66, title XIII, §13206(a)(2), Aug. 10, 1993, 107 Stat. 465, added item 1258.

1990—Pub. L. 101–508, title XI, §11801(b)(10), Nov. 5, 1990, 104 Stat. 1388–522, struck out item 1238 Amortization in excess of depreciation.

1988—Pub. L. 100–647, title I, §1018(u)(24), Nov. 10, 1988, 102 Stat. 3591, substituted geothermal, or other mineral properties for or geothermal property in item 1254.

1986—Pub. L. 99–514, title IV, §403(b), Oct. 22, 1986, 100 Stat. 2222, added item 1257.

1984—Pub. L. 98–369, div. A, title I, §§42(b)(2), 102(e)(6), title IV, §492(c), July 18, 1984, 98 Stat. 557, 624, 854, struck out items 1232 Bonds and other evidence of indebtedness, 1232A Original issue discount, 1232B Tax treatment of stripped bonds, 1251 Gain from disposition of property used in farming where farm losses offset nonfarm income, and substituted Section 1256 contracts for Regulated futures contracts in item 1256.

1982—Pub. L. 97–248, title II, §§231(d), 232(c), Sept. 3, 1982, 96 Stat. 499, 501, added items 1232A and 1232B.

1981—Pub. L. 97–34, title V, §§503(b), 507(b), Aug. 13, 1981, 95 Stat. 330, 333, added items 1234A and 1256.

1978—Pub. L. 95–618, title IV, §402(c)(4), Nov. 9, 1978, 92 Stat. 3202, substituted oil, gas, or geothermal for oil or gas in item 1254.

Pub. L. 95–600, title V, §543(c)(2), Nov. 6, 1978, 92 Stat. 2890, added item 1255.

1976—Pub. L. 94–455, title II, §205(d), title XIX, §1901(b)(34), Oct. 4, 1976, 90 Stat. 1535, 1802, added item 1254 and struck out item 1240 Taxability to employee of termination payments.

1969—Pub. L. 91–172, title II, §§211(b)(7), 214(b), title V, §516(c)(2)(C), Dec. 30, 1969, 83 Stat. 570, 573, 648, added items 1251 to 1253.

1964—Pub. L. 88–272, title II, §231(b)(7), Feb. 26, 1964, 78 Stat. 105, added item 1250.

1962—Pub. L. 87–834, §§13(a)(2), 14(a)(2), 15(b), 16(b), Oct. 16, 1962, 76 Stat. 1033, 1040, 1044, 1045, added items 1245–1249.

1958—Pub. L. 85–866, title I, §57(c)(3), title II, §202(c), Sept. 2, 1958, 72 Stat. 1646, 1678, added items 1242–1244.

U.S. Encyclopedia of Law Coverage

26-U.S.C.-1212 in the Legal Encyclopedia: Income Taxes

In this entry about 26-U.S.C.-1212, find legal reference material, bibliographies and premiere content related to income taxes in the American Encyclopedia of Law, presenting a comprehensive view of the United States income taxes-specific issues, written by authorities in the field.

26-U.S.C.-1202 in the Legal Encyclopedia: Tax Liability

In this entry about 26-U.S.C.-1202, find legal reference material, bibliographies and premiere content related to tax liability in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax liability-specific issues, written by authorities in the field.

26-U.S.C.-1201 in the Legal Encyclopedia: Taxation

In this entry about 26-U.S.C.-1201, find legal reference material, bibliographies and premiere content related to taxation in the American Encyclopedia of Law, presenting a comprehensive view of the United States taxation-specific issues, written by authorities in the field.

Title 26 – Internal Revenue Code in the Legal Encyclopedia: Capital Gains

In this entry about Title 26 – Internal Revenue Code, find legal reference material, bibliographies and premiere content related to capital gains in the American Encyclopedia of Law, presenting a comprehensive view of the United States capital gains-specific issues, written by authorities in the field.

Topic Map

• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1231 – Property Used In The Trade Or Business and Involuntary Conversions
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1232 – [§ to 1232B. Repealed. Pub. L. 98-369, Div. A, Title I, §42(A)(1), July 18, 1984, 98 Stat. 556]
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1233 – Gains and Losses From Short Sales
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1234 – Options to Buy Or Sell
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1234A – Gains Or Losses From Certain Terminations
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1234B – Gains Or Losses From Securities Futures Contracts
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1235 – Sale Or Exchange of Patents
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1236 – Dealers In Securities
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1237 – Real Property Subdivided For Sale
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1238 – [Repealed. Pub. L. 101-508, Title XI, §11801(A)(35), Nov. 5, 1990, 104 Stat. 1388-521]
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1239 – Gain From Sale of Depreciable Property Between Certain Related Taxpayers
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1240 – [Repealed. Pub. L. 94-455, Title XIX, §1901(A)(139), Oct. 4, 1976, 90 Stat. 1787]
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1242 – Losses On Small Business Investment Company Stock
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1243 – Loss of Small Business Investment Company
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1244 – Losses On Small Business Stock
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1245 – Gain From Dispositions of Certain Depreciable Property
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1246 – [§ 1247. Repealed. Pub. L. 108-357, Title IV, §413(A)(2), (3), Oct. 22, 2004, 118 Stat. 1506]
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1248 – Gain From Certain Sales Or Exchanges of Stock In Certain Foreign Corporations
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1249 – Gain From Certain Sales Or Exchanges of Patents, Etc., to Foreign Corporations
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1250 – Gain From Dispositions of Certain Depreciable Realty
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1251 – [Repealed. Pub. L. 98-369, Div. A, Title IV, §492(A), July 18, 1984, 98 Stat. 853]
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1252 – Gain From Disposition of Farm Land
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1253 – Transfers of Franchises, Trademarks, and Trade Names
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1254 – Gain From Disposition of Interest In Oil, Gas, Geothermal, Or Other Mineral Properties
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1255 – Gain From Disposition of Section 126 Property
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1256 – Section 1256 Contracts Marked to Market
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1257 – Disposition of Converted Wetlands Or Highly Erodible Croplands
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1258 – Recharacterization of Gain From Certain Financial Transactions
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1259 – Constructive Sales Treatment For Appreciated Financial Positions
• Title 26/Subtitle A/Chapter 1/Subchapter P/Part IV/Section 1260 – Gains From Constructive Ownership Transactions