Subchapter P: Capital Gains and Losses
Part I: TREATMENT OF CAPITAL GAINS
- [Section 1201: Repealed. Pub. L. 115–97, title I, § 13001(b)(2)(A), Dec. 22, 2017, 131 Stat. 2096]
- Section 1202: Partial exclusion for gain from certain small business stock
Part IV: SPECIAL RULES FOR DETERMINING CAPITAL GAINS AND LOSSES
- Section 1231: Property used in the trade or business and involuntary conversions
- [Section 1232 to 1232B: Repealed. Pub. L. 98–369, div. A, title I, § 42(a)(1), July 18, 1984, 98 Stat. 556]
- Section 1233: Gains and losses from short sales
- Section 1234: Options to buy or sell
- Section 1234A: Gains or losses from certain terminations
- Section 1234B: Gains or losses from securities futures contracts
- Section 1235: Sale or exchange of patents
- Section 1236: Dealers in securities
- Section 1237: Real property subdivided for sale
- [Section 1238: Repealed. Pub. L. 101–508, title XI, § 11801(a)(35), Nov. 5, 1990, 104 Stat. 1388–521]
- Section 1239: Gain from sale of depreciable property between certain related taxpayers
- [Section 1240: Repealed. Pub. L. 94–455, title XIX, § 1901(a)(139), Oct. 4, 1976, 90 Stat. 1787]
- Section 1241: Cancellation of lease or distributor’s agreement
- Section 1242: Losses on small business investment company stock
- Section 1243: Loss of small business investment company
- Section 1244: Losses on small business stock
- Section 1245: Gain from dispositions of certain depreciable property
- [Section 1246, 1247: Repealed. Pub. L. 108–357, title IV, § 413(a)(2), (3), Oct. 22, 2004, 118 Stat. 1506]
- Section 1248: Gain from certain sales or exchanges of stock in certain foreign corporations
- Section 1249: Gain from certain sales or exchanges of patents, etc., to foreign corporations
- Section 1250: Gain from dispositions of certain depreciable realty
- [Section 1251: Repealed. Pub. L. 98–369, div. A, title IV, § 492(a), July 18, 1984, 98 Stat. 853]
- Section 1252: Gain from disposition of farm land
- Section 1253: Transfers of franchises, trademarks, and trade names
- Section 1254: Gain from disposition of interest in oil, gas, geothermal, or other mineral properties
- Section 1255: Gain from disposition of section 126 property
- Section 1256: Section 1256 contracts marked to market
- Section 1257: Disposition of converted wetlands or highly erodible croplands
- Section 1258: Recharacterization of gain from certain financial transactions
- Section 1259: Constructive sales treatment for appreciated financial positions
- Section 1260: Gains from constructive ownership transactions
Part V: SPECIAL RULES FOR BONDS AND OTHER DEBT INSTRUMENTS
- Subpart A: Original Issue Discount
- Section 1271: Treatment of amounts received on retirement or sale or exchange of debt instruments
- Section 1272: Current inclusion in income of original issue discount
- Section 1273: Determination of amount of original issue discount
- Section 1274: Determination of issue price in the case of certain debt instruments issued for property
- Section 1274A: Special rules for certain transactions where stated principal amount does not exceed $2,800,000
- Section 1275: Other definitions and special rules
- Subpart B: Market Discount on Bonds
- Subpart C: Discount on Short-Term Obligations
- Subpart D: Miscellaneous Provisions