26 U.S.C. 1016: Adjustments to basis

2022

• Pub. L. 117–169 substituted "section 25C(g)" for "section 25C(f)". Law text · (a)

2018

• Pub. L. 115–141, §401(a)(166), inserted "as in effect prior to its repeal by the Tax Reform Act of 1986" before "(or the corresponding provisions of prior income tax laws)". (Consolidated Appropriations Act, 2018) Law text · (a)
• Pub. L. 115–141, §401(d)(4)(B)(iv), struck out par. (27) which read as follows: "in the case of a residence with respect to which a credit was allowed under section 1400C, to the extent provided in section 1400C(h),". (Consolidated Appropriations Act, 2018) Law text · (a)

2017

• Pub. L. 115–97, §13521(a), substituted subpars. (A) and (B) for former subpars. (A) and (B) and concluding provisions which read as follows: Law text · (a)
• Pub. L. 115–97, §13313(b), struck out "1044," after "section 1043," and "1044(d)," after "section 1043(c),". Law text · (a)
• Pub. L. 115–97, §13823(b), added par. (38). Law text · (a)

2014

• Pub. L. 113–295, §221(a)(75), struck out par. (12) which read as follows: "to the extent provided in section 28(h) of the Internal Revenue Code of 1939 in the case of amounts specified in a shareholder's consent made under section 28 of such code;". Law text · (a)
• Pub. L. 113–295, §221(a)(34)(G), struck out par. (24) which read as follows: "to the extent provided in section 179A(e)(6)(A),". Law text · (a)
• Pub. L. 113–295, §221(a)(2)(D), struck out par. (25) which read as follows: "to the extent provided in section 30(e)(1),". Law text · (a)
• Pub. L. 113–295, §209(j)(2), substituted "section 30D(f)(1)" for "section 30D(e)(4)". Law text · (a)

2010

• Pub. L. 111–148, §10909(b)(2)(L), (c), as amended by Pub. L. 111–312, temporarily substituted "36C(g)" for "23(g)". See Codification note above and Effective and Termination Dates of 2010 Amendment note below. (Patient Protection and Affordable Care Act) Law text · (a)

2009

• Pub. L. 111–5, §1142(b)(6), substituted "section 30(e)(1)" for "section 30(d)(1)". (American Recovery and Reinvestment Act of 2009) Law text · (a)
• Pub. L. 111–5, §1141(b)(3), which directed amendment of subsec. (a)(25) by substituting "section 30D(f)(1)" for "section 30D(e)(4)", could not be executed because "section 30D(e)(4)" did not appear in text. (American Recovery and Reinvestment Act of 2009) Law text · (a)

2008

• Pub. L. 110–343 added par. (37). (Emergency Economic Stabilization Act of 2008) Law text · (a)

2007

• Pub. L. 110–172, §7(a)(1)(C), redesignated pars. (32) and (33) as (31) and (32), respectively, and struck out former par. (31) which read as follows: "in the case of a facility with respect to which a credit was allowed under section 45H, to the extent provided in section 45H… (Tax Technical Corrections Act of 2007) Law text · (a), (32)
• Pub. L. 110–172, §11(a)(21), substituted "section 25C(f)" for "section 25C(e)". (Tax Technical Corrections Act of 2007) Law text · (a)
• Pub. L. 110–172, §7(a)(1)(C), redesignated par. (34) as (33). Former par. (33) redesignated (32). (Tax Technical Corrections Act of 2007) Law text · (a)
• Pub. L. 110–172, §7(a)(1)(C), redesignated pars. (35) and (36) as (34) and (35), respectively. Former par. (34) redesignated (33). (Tax Technical Corrections Act of 2007) Law text · (a), (35)
• Pub. L. 110–172, §11(a)(22), substituted "section 30C(e)(1)" for "section 30C(f)". (Tax Technical Corrections Act of 2007) Law text · (a)
• Pub. L. 110–172, §7(a)(1)(C), redesignated par. (37) as (36). Former par. (36) redesignated (35). (Tax Technical Corrections Act of 2007) Law text · (a)
• Pub. L. 110–172, §7(a)(1)(C), redesignated par. (37) as (36). (Tax Technical Corrections Act of 2007) Law text · (a)

2005

• Pub. L. 109–135 substituted "1045(b)(3)" for "1045(b)(4)". (Gulf Opportunity Zone Act of 2005) Law text · (a)
• Pub. L. 109–58, §1331(b)(1), added par. (32). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1332(c), added par. (33). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1333(b)(1), added par. (34). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1335(b)(4), added par. (35). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1341(b)(2), added par. (36). (Energy Policy Act of 2005) Law text · (a)
• Pub. L. 109–58, §1342(b)(2), added par. (37). (Energy Policy Act of 2005) Law text · (a)

2004

• Pub. L. 108–357, §413(c)(19), struck out par. (13) which read as follows: "to the extent provided in section 551(e) in the case of the stock of United States shareholders in a foreign personal holding company;". (American Jobs Creation Act of 2004) Law text · (a)
• Pub. L. 108–357, §245(c)(2), added par. (29). (American Jobs Creation Act of 2004) Law text · (a)
• Pub. L. 108–357, §338(b)(4), added par. (30). (American Jobs Creation Act of 2004) Law text · (a)
• Pub. L. 108–357, §339(d), added par. (31). (American Jobs Creation Act of 2004) Law text · (a)

2001

• Pub. L. 107–16 added par. (28). (Economic Growth and Tax Relief Reconciliation Act of 2001) Law text · (a)

2000

• Pub. L. 106–554 substituted "1045, or 1397B" for "or 1045" and "1045(b)(4), or 1397B(b)(4)" for "or 1045(b)(4)". (Consolidated Appropriations Act, 2001) Law text · (a)

1997

• Pub. L. 105–34, §312(d)(6), inserted "(as in effect on the day before the date of the enactment of the Taxpayer Relief Act of 1997)" after "section 1034" and "(as so in effect)" after "section 1034(e)". (Taxpayer Relief Act of 1997) Law text · (a)
• Pub. L. 105–34, §313(b)(1), substituted ", 1044, or 1045" for "or 1044" and ", 1044(d), or 1045(b)(4)" for "or 1044(d)". (Taxpayer Relief Act of 1997) Law text · (a)
• Pub. L. 105–34, §701(b)(2), added par. (27). (Taxpayer Relief Act of 1997) Law text · (a)

1996

• Pub. L. 104–188, §1704(t)(56), provided that section 11813(b)(19) of Pub. L. 101–508 shall be applied as if "Paragraph (20) of section 1016(a), as redesignated by section 11801," appeared instead of "paragraph (21) of section 1016(a)". See 1990 Amendment note below. (Small Business Job Protection Act of 1996) Law text · (a)
• Pub. L. 104–188, §1807(c)(5), added par. (26). (Small Business Job Protection Act of 1996) Law text · (a)

1993

• Pub. L. 103–66, §13261(f)(3), redesignated pars. (20) to (24) as (19) to (23), respectively, and struck out former par. (19) which read as follows: "for amounts allowed as deductions for payments made on account of transfers of franchises, trademarks, or trade names under s… · (a)
• Pub. L. 103–66, §13261(f)(3), redesignated par. (25) as (24). Former par. (24) redesignated (23). · (a)
• Pub. L. 103–66, §13114(b), substituted "section 1043 or 1044" for "section 1043" and "section 1043(c) or 1044(d), as the case may be" for "section 1043(c)". · (a)
• Pub. L. 103–66, §13261(f)(3), redesignated pars. (25) and (26) as (24) and (25), respectively. · (a), (26)
• Pub. L. 103–66, §13213(a)(2)(F), amended heading and text of subsec. (e) generally. Prior to amendment, text read as follows: · (e)

1992

• Pub. L. 102–486 added pars. (25) and (26). · (a), (26)

1990

• Pub. L. 101–508, §11812(b)(10), substituted "under the straight line method" for "under section 167(b)(1)" in concluding provisions. · (a)
• Pub. L. 101–508, §11813(b)(19), which directed the amendment of subsec. (a)(21) by striking "section 48(q)" and inserting "section 50(c)", was executed to subsec. (a)(20). See 1996 Amendment note above. · (a)
• Pub. L. 101–508, §11801(c)(1), redesignated par. (21) as (20) and struck out former par. (20) which read as follows: "to the extent provided in section 23(e), in the case of property with respect to which a credit has been allowed under section 23;". · (a)
• Pub. L. 101–508, §11801(c)(1), redesignated pars. (21) to (25) as (20) to (24), respectively. · (a)

1989

• Pub. L. 101–194 added par. (25). · (a)

1988

• Pub. L. 100–647, §1006(j)(1)(B), inserted "(or the amount applied to reduce interest payments under section 171(e)(2))" after "allowable pursuant to section 171(a)(1)". · (a)
• Pub. L. 100–647, §1018(u)(22), added pars. (21) to (24) and struck out former pars. (23) to (26) which read as follows: · (a)

1986

• Pub. L. 99–514, §1899A(25), which directed the amendment of pars. (23) to (26) by substituting a semicolon for a comma at the end thereof was executed to pars. (24) to (26) in view of the prior repeal of par. (23). · (a)
• Pub. L. 99–514, §1303(b)(3), which directed the amendment of subsec. (a) by striking out par. (22) and redesignating pars. (23) to (27) as (22) to (26), respectively, was executed by striking out par. (21) to reflect the probable intent of Congress in view of the amendment by section 241(b)(2) of P… · (a)
• Pub. L. 99–514, §241(b)(2), redesignated pars. (17) to (27) as (16) to (26), respectively, and struck out former par. (16) which read as follows: "for amounts allowed as deductions for expenditures treated as deferred expenses under section 177 (relating to trademark and trade name expenditures) an… · (a)
• Pub. L. 99–514, §701(e)(4)(D), substituted "section 59(d)" for "section 58(i)". · (a)

1984

• Pub. L. 98–369, §211(b)(14), substituted "section 811(b)" for "section 818(b)" in two places. · (a)
• Pub. L. 98–369, §474(r)(23), substituted "section 23(e)" for "section 44C(e)" and "section 23" for "section 44C". · (a)
• Pub. L. 98–369, §53(d)(3), added par. (26). · (a)
• Pub. L. 98–369, §541(b)(2), added par. (27). · (a)
• Pub. L. 98–369, §43(a)(2), struck out "The term 'substituted basis' as used in this section means a basis determined under any provision of this subchapter and subchapters C (relating to corporate distributions and adjustments), K (relating to partners and partnerships), and P (relatin… · (b)

1982

• Pub. L. 97–354 substituted "section 1367" for "section 1376", "indebtedness owed to" for "indebtedness owing", and "an S corporation" for "an electing small business corporation (as defined in section 1371(b))". · (a)
• Pub. L. 97–248, §205(a)(5)(B), substituted "to the extent provided in section 48(q)" for "to the extent provided in section 48(g)(5)". · (a)
• Pub. L. 97–248, §201(c)(2), added par. (25). · (a)

1981

• Pub. L. 97–34, §212(d)(2)(G), added par. (24). · (a)
• Pub. L. 97–34, §421(g), substituted provisions respecting increase in basis of property on which additional estate tax is imposed for provisions for increase in basis in the case of certain involuntary conversions, if such compulsory or involuntary conversions are within the meaning of… · (c)

1980

• Pub. L. 96–222, §106(a)(2), redesignated par. (21), relating to the extent provided in section 1395 in the case of stock of shareholders of a general stock ownership corporation, as (22). · (a)
• Pub. L. 96–223, §401(a), repealed the amendments made by Pub. L. 94–455, §2005(a)(3), and Pub. L. 95–600, §702(r)(3). See 1976 and 1978 Amendment notes below. · (a)
• Pub. L. 96–223, §401(c)(1), struck out provision relating to the net appreciation of in value of certain property and struck out references to section 1023 of this title. · (c)

1978

• Pub. L. 95–618, §101(b)(3), added par. (21) relating to an adjustment to the extent provided in section 44C. · (a)
• Pub. L. 95–600, §601(b)(3), as amended by Pub. L. 96–222, §106(a)(3), added par. (21) relating to an adjustment to the extent provided in section 1395. · (a)
• Pub. L. 95–600, §702(r)(3), which redesignated par. (23) as (21), was repealed by Pub. L. 96–222, §107(a)(2)(C), and Pub. L. 96–223, §401(a). See Repeals note below. · (a)
• Pub. L. 95–600, §515(2), substituted "December 31, 1979" for "December 31, 1976". · (a)
• Pub. L. 95–472 added subsec. (c). Former subsec. (c) redesignated (d). · (c)
• Pub. L. 95–618, §201(b), added subsec. (d). Former subsec. (d) redesignated (e). · (d)
• Pub. L. 95–472 redesignated former subsec. (c) as (d). · (d)
• Pub. L. 95–618, §201(b), redesignated former subsec. (d) as (e). · (e)

1976

• Pub. L. 94–455, §1901(b)(29)(A), inserted "(as in effect before the date of the enactment of the Tax Reform Act of 1976)" after "under section 1020". · (a)
• Pub. L. 94–455, §1901(b)(21)(G), struck out par. (10) which related to adjustment for the amounts allowed as deductions as deferred expenses under section 615(b) of this title. · (a)
• Pub. L. 94–455, §1901(b)(1)(F)(ii), substituted "section 551(e)" for "section 551(f)". · (a)
• Pub. L. 94–455, §1901(a)(123), (b)(30)(A), redesignated par. (20) as (19). Former par. (19), which related to adjustment of section 38 property to the extent provided in sections 48(g) and 203 of this title, was struck out. · (a)
• Pub. L. 94–455, §1901(b)(30)(A), redesignated par. (22) as (20). Former par. (20) redesignated (19). · (a)
• Pub. L. 94–455, §1901(b)(30)(A), struck out par. (21) which related to property adjustment to the extent provided in section 1022 of this title. · (a)
• Pub. L. 94–455, §1901(b)(30)(A), redesignated par. (22) as (20). · (a)
• Pub. L. 94–455, §2005(a)(3), added par. (23). See Repeals note below. · (a)

1969

• Pub. L. 91–172, §516(c)(2)(B), added par. (22). · (a)
• Pub. L. 91–172, §504(c)(4), limited exploration expenditures referred to in this par. to pre-1970 exploration expenditures. · (a)
• Pub. L. 91–172, §231(c)(3), redesignated existing provisions as par. (2) and added par. (1). · (c)

1964

• Pub. L. 88–272, §227(b)(5), inserted "or domestic iron ore". · (a)
• Pub. L. 88–272, §203(a)(3)(C), inserted "and in section 203(a)(2) of the Revenue Act of 1964". · (a)
• Pub. L. 88–272, §225(j)(2), added par. (21). · (a)

1962

• Pub. L. 87–834, §8(g)(2), added subpar. (D). · (a)
• Pub. L. 87–834, §2(f), added par. (19). · (a)
• Pub. L. 87–834, §12(b)(4), added par. (20). · (a)

1959

• Pub. L. 86–69, §3(d)(1), added subpar. (C). · (a)
• Pub. L. 86–69, §3(d)(2), added par. (17). · (a)

1958

• Pub. L. 85–866, §2(b), struck out "short-term" before "municipal bond". · (a)
• Pub. L. 85–866, §64(d)(2), added par. (18). · (a)