26 USC § 1251 - Repealed. Pub. L. 98–369, div. A, title IV, § 492(a), July 18, 1984, 98 Stat. 853]
---
identifier: "/us/usc/t26/s1251"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 1251 - Repealed. Pub. L. 98–369, div. A, title IV, § 492(a), July 18, 1984, 98 Stat. 853]"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "1251"
section_name: "Repealed. Pub. L. 98–369, div. A, title IV, § 492(a), July 18, 1984, 98 Stat. 853]"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "P"
subchapter_name: "Capital Gains and Losses"
part_number: "IV"
part_name: "SPECIAL RULES FOR DETERMINING CAPITAL GAINS AND LOSSES"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
status: "repealed"
---
# [§ 1251. Repealed. Pub. L. 98–369, div. A, title IV, § 492(a), July 18, 1984, 98 Stat. 853]
Section, added , , ; amended , , ; , (b)(1), (2), title XIV, § 1402(b)(1)(Z), (2), title XIX, §§ 1901(b)(3)(K), 1906(b)(13)(A), , , 1732, 1793, 1834; , , ; , (e), , , related to gain from disposition of property used in farming where farm losses offset nonfarm income.
## Statutory Notes and Related Subsidiaries
### Effective Date of Repeal
Repeal applicable to taxable years beginning after , see , set out as an Effective Date of 1984 Amendment note under .