Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 2519
Dispositions of certain life estates
Official textgovinfo.govlast amended
# (a) General rule
For purposes of this chapter and chapter 11, any disposition of all or part of a qualifying in come interest for life in any property to which this section applies shall be treated as a transfer of all interests in such property other than the qualifying income interest.
# (b) Property to which this subsection applies
This section applies to any property if a deduction was allowed with respect to the transfer of such property to the donor— (1) under section 2056 by reason of subsection (b)(7) thereof, or (2) under section 2523 by reason of subsection (f) thereof.
# (c) Cross reference
For right of recovery for gift tax in the case of property treated as transferred under this section, see section 2207A(b).
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Nearby sections (25 sections)
- 2503 · Taxable gifts
- 2504 · Taxable gifts for preceding calendar periods
- 2505 · Unified credit against gift tax
- 2511 · Transfers in general
- 2512 · Valuation of gifts
- 2513 · Gift by husband or wife to third party
- 2514 · Powers of appointment
- 2515 · Treatment of generation-skipping transfer tax
- 2515A · [§2515A. Repealed. Pub. L. 97–34, title IV, §403(c)(3)(B), Aug.…
- 2516 · Certain property settlements
- 2517 · [§2517. Repealed. Pub. L. 99–514, title XVIII, §1852(e)(2)(A),…
- 2518 · Disclaimers
- 2519 · Dispositions of certain life estates
- 2521 · [§2521. Repealed. Pub. L. 94–455, title XX, §2001(b)(3), Oct. 4,…
- 2522 · Charitable and similar gifts
- 2523 · Gift to spouse
- 2524 · Extent of deductions
- 2601 · Tax imposed
- 2602 · Amount of tax
- 2603 · Liability for tax
- 2604 · [§2604. Repealed. Pub. L. 113–295, div. A, title II,…
- 2611 · Generation-skipping transfer defined
- 2612 · Taxable termination; taxable distribution; direct skip
- 2613 · Skip person and non-skip person defined
- 2614 · [§2614. Omitted]