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Treasury Regulations · 26 CFR

§ 1.1092(b)-5T. Definitions (temporary).

Temporary regulation eCFR current as of October 15, 2026

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. § 1092(b)

Cite as 26 CFR § 1.1092(b)-5T

At a glance

Read from the text and its source citation. Not part of the regulation.

Status
In the current eCFR
Issued
January 24, 1985 by T.D. 8007
Last amended
January 15, 1986 by T.D. 8070
Issued under
26 U.S.C. § 1092(b)
Length
472 words · about 2 min to read
Defines
16 terms
Cross-references
cites 5 Code sections and 1 regulation; cited by 5

The following definitions apply for purposes of §§ 1.1092(b)-1T through 1.1092(b)-4T.

(a) Disposing, disposes, or disposed. The term disposing, disposes, or disposed includes the sale, exchange, cancellation, lapse, expiration, or other termination of a right or obligation with respect to personal property (as defined in section 1092(d)(1)).
(b) Hedging transaction. The term hedging transaction means a hedging transaction as defined in section 1256(e).
(c) Identified straddle. The term identified straddle means an identified straddle as defined in section 1092(a)(2)(B).
(d) Loss. The term loss means a loss otherwise allowable under section 165(a) (without regard to the limitation contained in section 165(f)) and includes a write-down in inventory.
(e) Mixed straddle. The term mixed straddle means a straddle—
(1) All of the positions of which are held as capital assets;
(2) At least one (but not all) of the positions of which is a section 1256 contract;
(3) For which an election under section 1256(d) has not been made; and
(4) Which is not part of a larger straddle.
(f) Non-section 1256 position. The term non-section 1256 position means a position that is not a section 1256 contract.
(g) Offsetting position. The term offsetting position means an offsetting position as defined in section 1092(c)(2).
(h) Position. The term position means a position as defined in section 1092(d)(2).
(i) [Reserved]
(j) Related person or flowthrough entity. The term related person or flowthrough entity means a related person or flowthrough entity as defined in sections 1092(d)(4) (B) and (C) respectively.
(k) Section 1256 contract. The term section 1256 contract means a section 1256 contract as defined in section 1256(b).
(l) [Reserved]
(m) Straddle. The term straddle means a straddle as defined in section 1092(c)(1).
(n) Successor position. The term successor position means a position (“P”) that is or was at any time offsetting to a second position if—
(1) The second position was offsetting to any loss position disposed of; and
(2) P is entered into during a period commencing 30 days prior to, and ending 30 days after, the disposition of the loss position referred to in paragraph (n)(1) of this section.
(o) Unrecognized gain. The term unrecognized gain means unrecognized gain as defined in section 1092(a)(3)(A).
(p) Substantially identical. The term substantially identical has the same meaning as substantially identical in section 1091(a).
(q) Securities. The term security means a security as defined in section 1236(c).

(Secs. 1092(b) and 7805 of the Internal Revenue Code of 1954 (68A Stat. 917, 95 Stat. 324, 26 U.S.C. 1092(b), 7805) and sec. 102(h) of the Tax Reform Act of 1984 (98 Stat. 625))

[T.D. 8007, 50 FR 3321, Jan. 24, 1985, as amended by T.D. 8070, 51 FR 1788, Jan. 15, 1986]

Terms defined here

Where the text says “the term … means”. Select a term to jump to its definition.

Other regulations under § 1092

Cross-references

Computed from the citations in the text of 26 CFR.

Code sections it cites

Regulations it cites

Cited by 5 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.

  1. Amended by T.D. 8070 (51 FR 1788)
  2. Issued by T.D. 8007 (50 FR 3321)

Where it sits in 26 CFR

  1. Subchapter A Income tax
  2. Part 1 Income taxes
  3. Wash Sales of Stock or Securities

Nearby sections