Internal Revenue Code (Title 26 U.S.C.)

26 U.S.C. § 1021

Sale of annuities

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In case of the sale of an annuity contract, the adjusted basis shall in no case be less than zero.

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Nearby sections (25 sections)
  1. 1001 · Determination of amount of and recognition of gain or loss
  2. 1002 · [§1002. Repealed. Pub. L. 94–455, title XIX, §1901(b)(28)(B)(i),…
  3. 1011 · Adjusted basis for determining gain or loss
  4. 1012 · Basis of property—cost
  5. 1013 · Basis of property included in inventory
  6. 1014 · Basis of property acquired from a decedent
  7. 1015 · Basis of property acquired by gifts and transfers in trust
  8. 1016 · Adjustments to basis
  9. 1017 · Discharge of indebtedness
  10. 1018 · [§1018. Repealed. Pub. L. 96–589, §6(h)(1), Dec. 24, 1980, 94…
  11. 1019 · Property on which lessee has made improvements
  12. 1020 · [§1020. Repealed. Pub. L. 94–455, title XIX, §1901(a)(125), Oct.…
  13. 1021 · Sale of annuities
  14. 1022 · [§1022. Repealed. Pub. L. 111–312, title III, §301(a), Dec. 17,…
  15. 1023 · Cross references
  16. 1024 · [§1024. Renumbered §1023]
  17. 1031 · Exchange of real property held for productive use or investment
  18. 1032 · Exchange of stock for property
  19. 1033 · Involuntary conversions
  20. 1034 · [§1034. Repealed. Pub. L. 105–34, title III, §312(b), Aug. 5,…
  21. 1035 · Certain exchanges of insurance policies
  22. 1036 · Stock for stock of same corporation
  23. 1037 · Certain exchanges of United States obligations
  24. 1038 · Certain reacquisitions of real property
  25. 1039 · [§1039. Repealed. Pub. L. 101–508, title XI, §11801(a)(33), Nov.…
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