[Code of Federal Regulations]
[Title 26, Volume 11]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.1016-1]

[Page 63]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1--INCOME TAXES--Table of Contents
 
Sec. 1.1016-1  Adjustments to basis; scope of section.

    Section 1016 and Secs. 1.1016-2 to 1.1016-10, inclusive, contain the 
rules relating to the adjustments to be made to the basis of property to 
determine the adjusted basis as defined in section 1011. However, if the 
property was acquired from a decedent before his death, see Sec. 1.1014-
6 for adjustments on account of certain deductions allowed the taxpayer 
for the period between the date of acquisition of the property and the 
date of death of the decedent. If an election has been made under the 
Retirement-Straight Line Adjustment Act of 1958 (26 U.S.C. 1016 note), 
see Sec. 1.9001-1 for special rules for determining adjusted basis in 
the case of a taxpayer who has changed from the retirement to the 
straight-line method of computing depreciation allowances.