26 USC § 84 - Transfer of appreciated property to political organizations

---
identifier: "/us/usc/t26/s84"
source: "usc"
legal_status: "official_prima_facie"
title: "26 USC § 84 - Transfer of appreciated property to political organizations"
title_number: 26
title_name: "INTERNAL REVENUE CODE"
section_number: "84"
section_name: "Transfer of appreciated property to political organizations"
chapter_number: 1
chapter_name: "NORMAL TAXES AND SURTAXES"
subchapter_number: "B"
subchapter_name: "Computation of Taxable Income"
part_number: "II"
part_name: "ITEMS SPECIFICALLY INCLUDED IN GROSS INCOME"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 93–625, § 13(a)(1), Jan. 3, 1975, 88 Stat. 2120; amended Pub. L. 115–141, div. U, title IV, § 401(a)(35), Mar. 23, 2018, 132 Stat. 1186.)"
---


# § 84. Transfer of appreciated property to political organizations

**(a)** **General rule** If—

then for purposes of this chapter the transferor shall be treated as having sold such property to the political organization on the date of the transfer, and the transferor shall be treated as having realized an amount equal to the fair market value of such property on such date.

**(1)** any person transfers property to a political organization, and

**(2)** the fair market value of such property exceeds its adjusted basis,

**(b)** **Basis of property** In the case of a transfer of property to a political organization to which subsection (a) applies, the basis of such property in the hands of the political organization shall be the same as it would be in the hands of the transferor, increased by the amount of gain recognized to the transferor by reason of such transfer.

**(c)** **Political organization defined** For purposes of this section, the term “political organization” has the meaning given to such term by section 527(e)(1).

---

**Source Credit**: (Added Pub. L. 93–625, § 13(a)(1), Jan. 3, 1975, 88 Stat. 2120; amended Pub. L. 115–141, div. U, title IV, § 401(a)(35), Mar. 23, 2018, 132 Stat. 1186.)

## Editorial Notes

### Amendments

2018— substituted “political organizations” for “political organization” in section catchline.

## Statutory Notes and Related Subsidiaries

### Effective Date

> “The amendments made by subsection (a) [enacting this section] shall apply to transfers made after
> 
> , in taxable years ending after such date.”

, , , provided that:

### Nonrecognition of Gain or Loss Where Organization Sold Contributed Property Before August 2, 1973

, , , provided that in the case of the sale or exchange of property before , which was acquired by the exempt political organization by contribution, no gain or loss shall be recognized by such organization.