Sale of annuities
26 U.S.C. § 1021
in effectIn case of the sale of an annuity contract, the adjusted basis shall in no case be less than zero.
Source: OLRC USLMURL: https://uscode.house.gov/download/releasepoints/us/pl/119/95/xml_usc26@119-95.zipFetched: 6/4/2026
