Title 26, Internal Revenue CodeRelease 119-102
§1399 No Separate Taxable Entities for Partnerships, Corporations, Etc.
Title 26 › Subtitle A — Income Taxes › CHAPTER 1 — NORMAL TAXES AND SURTAXES › Subchapter V — Title 11 Cases › § 1399
Summary
Starting a bankruptcy case under Title 11 (federal bankruptcy law) does not create a new separate taxable entity. The only exception is when section 1398 applies.
Full Legal Text
Title 26, §1399
Internal Revenue Code, Source: USLM XML via OLRC
Except in any case to which section 1398 applies, no separate taxable entity shall result from the commencement of a case under title 11 of the United States Code.
Reference
Citations & Metadata
Citation
26 U.S.C. § 1399
Title 26, Internal Revenue Code
Last Updated
Aug 21, 2026
Release point: 119-102