---
kind: "unit"
title: "26"
title_heading: "Internal Revenue Code"
key: "stA/ch1/schP/ptIII"
level: "part"
label: "Part III"
heading: "General Rules for Determining Capital Gains and Losses"
release: "119-102"
url: "https://uscodex.org/usc/26/stA-ch1-schP-ptIII"
sections_count: 3
---

# Part III — General Rules for Determining Capital Gains and Losses

Title 26 — Internal Revenue Code › Subtitle A — Income Taxes › Chapter 1 — Normal Taxes and Surtaxes › Subchapter P — Capital Gains and Losses

## Sections

- [§1221. Capital asset defined](/usc/26/1221.md)
- [§1222. Other terms relating to capital gains and losses](/usc/26/1222.md)
- [§1223. Holding period of property](/usc/26/1223.md)