§ 404.1085. Net operating loss deduction.
32 words·~1 min read·
/us/cfr/t20/s§ 404.1085·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When determining your net earnings from self-employment, you disregard the deduction provided by section 172 of the Code that relates to net operating losses sustained in years other than the taxable year.