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 February 18, 2024 (Pub. L. 118-39)

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I.R.C. 1201	Repealed.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I.R.C. 1232 to 1232B	Repealed.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I.R.C. 1238	Repealed.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I.R.C. 1240	Repealed.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I.R.C. 1246, 1247	Repealed.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I.R.C. 1251	Repealed.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

The preliminary Code is a preliminary release of the Internal Revenue Code of 1986 (the "Code") by the Office of the Law Revision Counsel and is subject to further revision before it is released again as a final version. The source of the preliminary Code used in TouchTax is available here: https://uscode.house.gov/download/download.shtml. The Code is a consolidation and codification by subject matter of the general and permanent laws of the U.S. prepared by the Office of the Law Revision Counsel of the U.S. House of Representatives. The Treasury Regulations are a codification of the general and permanent rules published in the Federal Register by the departments and agencies of the federal government. The version of the Treasury Regulations available within TouchTax is part of the Electronic Code of Federal Regulations which is not an official legal edition of the Code of Federal Regulations but is an editorial compilation of CFR material and Federal Register amendments produced by the National Archives and Records Administration's Office of the Federal Register (OFR) and the Government Publishing Office. The source of the CFR used in TouchTax is available here: https://www.govinfo.gov/bulkdata/ECFR/title-26. Those using TouchTax for legal research should verify their results against the printed versions of the Code and Treasury Regulations. TouchTax is copyright 2024 by Com-Lab (Mobile). Learn more at http://touchtax.edrich.de.