Title 26 — Internal Revenue CodeRelease 119-73not60

§1013 Basis of Property Included in Inventory

Title 26 › Subtitle Subtitle A— Income Taxes › Chapter 1— NORMAL TAXES AND SURTAXES › Subchapter O— Gain or Loss on Disposition of Property › Part II— BASIS RULES OF GENERAL APPLICATION › § 1013

Last updated Apr 5, 2026|Official source

Full Legal Text

Title 26, §1013

Internal Revenue Code — Source: USLM XML via OLRC

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

Reference

Citations & Metadata

Citation

26 U.S.C. § 1013

Title 26 — Internal Revenue Code

Last Updated

Apr 5, 2026

Release point: 119-73not60