API Gains and Losses

API Gains and Losses are any long-term capital gains and capital losses with respect to an API and include:
(i) The API One Year Distributive Share Amount as defined in § 1.1061-4(a)(3)(i);
(ii) The API Three Year Distributive Share Amount as defined in § 1.1061-4(a)(3)(ii);
(iii) The API One Year Disposition Amount as defined in § 1.1061-4(a)(4)(i);
(iv) The API Three Year Disposition Amount as defined in § 1.1061-4(a)(4)(ii); and
(v) Capital gains or losses from the disposition of Distributed API Property.

Source

26 CFR § 1.1061-1


Scoping language

None
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