Title 26 — Internal Revenue CodeRelease 119-73not60
§742 Basis of Transferee Partner’s Interest
Title 26 › Subtitle Subtitle A— Income Taxes › Chapter 1— NORMAL TAXES AND SURTAXES › Subchapter K— Partners and Partnerships › Part II— CONTRIBUTIONS, DISTRIBUTIONS, AND TRANSFERS › Subpart C— Transfers of Interests in a Partnership › § 742
Full Legal Text
Title 26, §742
Internal Revenue Code — Source: USLM XML via OLRC
The basis of an interest in a partnership acquired other than by contribution shall be determined under part II of subchapter O (sec. 1011 and following).
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Citation
26 U.S.C. § 742
Title 26 — Internal Revenue Code
Last Updated
Apr 5, 2026
Release point: 119-73not60