§1017. Discharge of indebtedness — Inbound Citations
26 U.S.C. § 1017
Cited by 4 provisions in release 119-102.
Citations to 26 U.S.C. § 1017 as a whole
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(A) The taxpayer may elect to apply any portion of the reduction referred to in paragraph (1) to the reduction under section 1017 of the basis of the depreciable property of the taxpayer.
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(8) In any case under chapter 7 or 11 of title 11 of the United States Code to which section 1398 applies, for purposes of paragraphs (1) and (5) of subsection (b) the estate (and not the individual) shall be treated as the taxpayer. The preceding sentence shall not apply for purposes of applying section 1017 to property transferred by the estate to the individual.
Citations to §1017(b)(3)(B)
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(ii) second to depreciable property (as defined in section 1017(b)(3)(B)) not described in clause (i), and
Citations to §1017(c)(1)
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(10) For provision that no reduction is to be made in the basis of exempt property of an individual debtor, see section 1017(c)(1).