INTERNAL REVENUE CODE OF 1986
Index » Subtitle A » Chapter 1 » Subchapter P
Subtitle A. Income Taxes (§§ 1-1564)
CHAPTER 1. NORMAL TAXES AND SURTAXES
Subchapter P. Capital Gains and Losses
Current through December 21, 2022 (Pub. L. 117-262)
The following list shows all sections of subchapter P (Capital Gains and Losses) of chapter 1 (NORMAL TAXES AND SURTAXES) of subtitle A (Income Taxes (§§ 1-1564)) of the Internal Revenue Code of 1986 (Title 26 of the United States Code). Tap a section to view its text.
| Section | Section Title |
| I.R.C. 1201 | Repealed. Pub. L. 115–97, title I, §13001(b)(2)(A), Dec. 22, 2017, 131 Stat. 2096 |
| I.R.C. 1202 | Partial exclusion for gain from certain small business stock |
| I.R.C. 1211 | Limitation on capital losses |
| I.R.C. 1212 | Capital loss carrybacks and carryovers |
| I.R.C. 1221 | Capital asset defined |
| I.R.C. 1222 | Other terms relating to capital gains and losses |
| I.R.C. 1223 | Holding period of property |
| I.R.C. 1231 | Property used in the trade or business and involuntary conversions |
| I.R.C. 1232 to 1232B | Repealed. Pub. L. 98–369, div. A, title I, §42(a)(1), July 18, 1984, 98 Stat. 556 |
| I.R.C. 1233 | Gains and losses from short sales |
| I.R.C. 1234 | Options to buy or sell |
| I.R.C. 1234A | Gains or losses from certain terminations |
| I.R.C. 1234B | Gains or losses from securities futures contracts |
| I.R.C. 1235 | Sale or exchange of patents |
| I.R.C. 1236 | Dealers in securities |
| I.R.C. 1237 | Real property subdivided for sale |
| I.R.C. 1238 | Repealed. Pub. L. 101–508, title XI, §11801(a)(35), Nov. 5, 1990, 104 Stat. 1388–521 |
| I.R.C. 1239 | Gain from sale of depreciable property between certain related taxpayers |
| I.R.C. 1240 | Repealed. Pub. L. 94–455, title XIX, §1901(a)(139), Oct. 4, 1976, 90 Stat. 1787 |
| I.R.C. 1241 | Cancellation of lease or distributor's agreement |
| I.R.C. 1242 | Losses on small business investment company stock |
| I.R.C. 1243 | Loss of small business investment company |
| I.R.C. 1244 | Losses on small business stock |
| I.R.C. 1245 | Gain from dispositions of certain depreciable property |
| I.R.C. 1246, 1247 | Repealed. Pub. L. 108–357, title IV, §413(a)(2), (3), Oct. 22, 2004, 118 Stat. 1506 |
| I.R.C. 1248 | Gain from certain sales or exchanges of stock in certain foreign corporations |
| I.R.C. 1249 | Gain from certain sales or exchanges of patents, etc., to foreign corporations |
| I.R.C. 1250 | Gain from dispositions of certain depreciable realty |
| I.R.C. 1251 | Repealed. Pub. L. 98–369, div. A, title IV, §492(a), July 18, 1984, 98 Stat. 853 |
| I.R.C. 1252 | Gain from disposition of farm land |
| I.R.C. 1253 | Transfers of franchises, trademarks, and trade names |
| I.R.C. 1254 | Gain from disposition of interest in oil, gas, geothermal, or other mineral properties |
| I.R.C. 1255 | Gain from disposition of section 126 property |
| I.R.C. 1256 | Section 1256 contracts marked to market |
| I.R.C. 1257 | Disposition of converted wetlands or highly erodible croplands |
| I.R.C. 1258 | Recharacterization of gain from certain financial transactions |
| I.R.C. 1259 | Constructive sales treatment for appreciated financial positions |
| I.R.C. 1260 | Gains from constructive ownership transactions |
| I.R.C. 1271 | Treatment of amounts received on retirement or sale or exchange of debt instruments |
| I.R.C. 1272 | Current inclusion in income of original issue discount |
| I.R.C. 1273 | Determination of amount of original issue discount |
| I.R.C. 1274 | Determination of issue price in the case of certain debt instruments issued for property |
| I.R.C. 1274A | Special rules for certain transactions where stated principal amount does not exceed $2,800,000 |
| I.R.C. 1275 | Other definitions and special rules |
| I.R.C. 1276 | Disposition gain representing accrued market discount treated as ordinary income |
| I.R.C. 1277 | Deferral of interest deduction allocable to accrued market discount |
| I.R.C. 1278 | Definitions and special rules |
| I.R.C. 1281 | Current inclusion in income of discount on certain short-term obligations |
| I.R.C. 1282 | Deferral of interest deduction allocable to accrued discount |
| I.R.C. 1283 | Definitions and special rules |
| I.R.C. 1286 | Tax treatment of stripped bonds |
| I.R.C. 1287 | Denial of capital gain treatment for gains on certain obligations not in registered form |
| I.R.C. 1288 | Treatment of original issue discount on tax-exempt obligations |
| I.R.C. 1291 | Interest on tax deferral |
| I.R.C. 1293 | Current taxation of income from qualified electing funds |
| I.R.C. 1294 | Election to extend time for payment of tax on undistributed earnings |
| I.R.C. 1295 | Qualified electing fund |
| I.R.C. 1296 | Election of mark to market for marketable stock |
| I.R.C. 1297 | Passive foreign investment company |
| I.R.C. 1298 | Special rules |
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