{"data":{"id":"us/26-u.s.c.-1021","jurisdiction":"us","citation":"26 U.S.C. § 1021","heading":"Sale of annuities","body":"In case of the sale of an annuity contract, the adjusted basis shall in no case be less than zero.","path":["Title 26—INTERNAL REVENUE CODE","CHAPTER 1—NORMAL TAXES AND SURTAXES"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc26@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:25Z","sha256":"ba0418d6cfe68fbd6010136015ec8cb770e83c882cd940561d5127b0ad34eb9a","source_id":"us","stale":true,"prev":"us/26-u.s.c.-1020","next":"us/26-u.s.c.-1022"},"notice":"GroundRules: Original legal text. Not legal advice."}