farming loss
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 172 — for purposes of this section (6 versions over time)
For purposes of this section, the term "farming loss" means the lesser of—
(I) the amount which would be the net operating loss for the taxable year if only income and deductions attributable to farming businesses (as defined in section 263A(e)(4)) are taken into account, or
(II) the amount of the net operating loss for such taxable year.