Treasury Regulations · 26 CFR
§ 1.1033(a)-3. Involuntary conversion of principal residence.
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. § 1033(a)
Cite as 26 CFR § 1.1033(a)-3
At a glance
Read from the text and its source citation. Not part of the regulation.
- Status
- In the current eCFR
- Issued
- October 20, 1965 by T.D. 6856
- Last amended
- May 30, 1979 by T.D. 7625
- Issued under
- 26 U.S.C. § 1033(a)
- Length
- 166 words · about 1 min to read
- Cross-references
- cites 3 Code sections and 1 regulation; cited by 2
Section 1033 shall apply in the case of property used by the taxpayer as his principal residence if the destruction, theft, seizure, requisition, or condemnation of such residence, or the sale or exchange of such residence under threat or imminence thereof, occurs before January 1, 1951, or after December 31, 1953. However, section 1033 shall not apply to the seizure, requisition, or condemnation (but not destruction), or the sale or exchange under threat or imminence thereof, of such residence property if the seizure, requisition, condemnation, sale, or exchange occurs after December 31, 1957, and if the taxpayer properly elects under section 1034(i) to treat the transaction as a sale (see paragraph (h)(2)(ii) of § 1.1034-1). See section 121 and paragraphs (d) and (g) of § 1.121-5 for special rules relating to the involuntary conversion of a principal residence of individuals who have attained age 65.
[T.D. 6856, 30 FR 13319, Oct. 20, 1965. Redesignated and amended by T.D. 7625, 44 FR 31013, May 30, 1979]
Cross-references
Computed from the citations in the text of 26 CFR.
Code sections it cites
- § 1033 Involuntary conversions
- § 1034 Repealed
- § 121 Exclusion of gain from sale of principal residence
Regulations it cites
Cited by 2 other regulations
Amendment history
From the source citation at the end of the section, newest first. T.D. is a Treasury decision; FR is the Federal Register.
- Amended by T.D. 7625 (44 FR 31013)
- Issued by T.D. 6856 (30 FR 13319)
Where it sits in 26 CFR
- Subchapter A Income tax
- Part 1 Income taxes
- Common Nontaxable Exchanges
Nearby sections
- § 1.1032-2 Disposition by a corporation of stock of a controlling corporation in certain triangular reorganizations.
- § 1.1032-3 Disposition of stock or stock options in certain transactions not qualifying under any other nonrecognition provision.
- § 1.1033(a)-1 Involuntary conversions; nonrecognition of gain.
- § 1.1033(a)-2 Involuntary conversion into similar property, into money or into dissimilar property.
- § 1.1033(a)-3 Involuntary conversion of principal residence.
- § 1.1033(b)-1 Basis of property acquired as a result of an involuntary conversion.
- § 1.1033(c)-1 Disposition of excess property within irrigation project deemed to be involuntary conversion.
- § 1.1033(d)-1 Destruction or disposition of livestock because of disease.
- § 1.1033(e)-1 Sale or exchange of livestock solely on account of drought.