Title 26 — Internal Revenue CodeRelease 119-73
§139H Interest received in action to recover property seized by the Internal Revenue Service based on structuring transaction
Title 26 › Subtitle Subtitle A— - Income Taxes › Chapter CHAPTER 1— - NORMAL TAXES AND SURTAXES › Subchapter Subchapter B— - Computation of Taxable Income › Part PART III— - ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME › § 139H
Full Legal Text
Title 26, §139H
Internal Revenue Code — Source: USLM XML via OLRC
Gross income shall not include any interest received from the Federal Government in connection with an action to recover property seized by the Internal Revenue Service pursuant to section 5317(c)(2) of title 31, United States Code, by reason of a claimed violation of section 5324 of such title.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 116–25, title I, § 1202(c), July 1, 2019, 133 Stat. 988, provided that: “The
Amendments
made by this section [enacting this section] shall apply to interest received on or after the date of the enactment of this Act [July 1, 2019].”
Reference
Citations & Metadata
Citation
26 U.S.C. § 139H
Title 26 — Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73