Treasury Regulations · 26 CFR
§ 1.1013-1. Property included in inventory.
Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).
Regulation under 26 U.S.C. § 1013
Cite as 26 CFR § 1.1013-1
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Source
- T.D. 6500, 25 FR 11402, Nov. 26, 1960; 25 FR 14021, Dec. 21, 1960; T.D. 9989, 89 FR 17606, Mar. 11, 2024, unless otherwise noted.
- Issued under
- 26 U.S.C. § 1013
- Length
- 53 words · about 1 min to read
- Cross-references
- cites 1 Code section and 0 regulations; cited by 0
The basis of property required to be included in inventory is the last inventory value of such property in the hands of the taxpayer. The requirements with respect to the valuation of an inventory are stated in subpart D (section 471 and following), part II, subchapter E, chapter 1 of the Code, and the regulations thereunder.
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Basis Rules of General Application
Nearby sections
- § 1.1011-1 Adjusted basis.
- § 1.1011-2 Bargain sale to a charitable organization.
- § 1.1012-1 Basis of property.
- § 1.1012-2 Transfers in part a sale and in part a gift.
- § 1.1013-1 Property included in inventory.
- § 1.1014-0 Table of contents.
- § 1.1014-1 Basis of property acquired from a decedent.
- § 1.1014-2 Property acquired from a decedent.
- § 1.1014-3 Other basis rules.