26 U.S.C. § 1234A
Gains or losses from certain terminations
Gain or loss attributable to the cancellation, lapse, expiration, or other termination of—
a right or obligation (other than a securities futures contract, as defined in section 1234B) with respect to property which is (or on acquisition would be) a capital asset in the hands of the taxpayer, or
a section 1256 contract (as defined in section 1256) not described in paragraph (1) which is a capital asset in the hands of the taxpayer,
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Nearby sections (25 sections)
- 1111 · Repealed. Pub. L. 94–455, title XIX, § 1901(a)(134), Oct. 4,…
- 1201 · Repealed. Pub. L. 115–97, title I, § 13001(b)(2)(A), Dec. 22,…
- 1202 · Partial exclusion for gain from certain small business stock
- 1211 · Limitation on capital losses
- 1212 · Capital loss carrybacks and carryovers
- 1221 · Capital asset defined
- 1222 · Other terms relating to capital gains and losses
- 1223 · Holding period of property
- 1231 · Property used in the trade or business and involuntary…
- 1232 · Repealed. Pub. L. 98–369, div. A, title I, § 42(a)(1), July 18,…
- 1233 · Gains and losses from short sales
- 1234 · Options to buy or sell
- 1234A · Gains or losses from certain terminations
- 1234B · Gains or losses from securities futures contracts
- 1235 · Sale or exchange of patents
- 1236 · Dealers in securities
- 1237 · Real property subdivided for sale
- 1238 · Repealed. Pub. L. 101–508, title XI, § 11801(a)(35), Nov. 5,…
- 1239 · Gain from sale of depreciable property between certain related…
- 1240 · Repealed. Pub. L. 94–455, title XIX, § 1901(a)(139), Oct. 4,…
- 1241 · Cancellation of lease or distributor’s agreement
- 1242 · Losses on small business investment company stock
- 1243 · Loss of small business investment company
- 1244 · Losses on small business stock
- 1245 · Gain from dispositions of certain depreciable property