26 USC § 268 - Sale of land with unharvested crop

---
identifier: "/us/usc/t26/s268"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 268 - Sale of land with unharvested crop"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "268"
section_name: "Sale of land with unharvested crop"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "B"
subchapter_name: "Computation of Taxable Income"
part_number: "IX"
part_name: "ITEMS NOT DEDUCTIBLE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Aug. 16, 1954, ch. 736, 68A Stat. 80.)"
---


# § 268. Sale of land with unharvested crop

Where an unharvested crop sold by the taxpayer is considered under the provisions of section 1231 as “property used in the trade or business”, in computing taxable income no deduction (whether or not for the taxable year of the sale and whether for expenses, depreciation, or otherwise) attributable to the production of such crop shall be allowed.

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**Source Credit**: (Aug. 16, 1954, ch. 736, 68A Stat. 80.)