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post-October capital loss

Defined in 1 place of the United States Code.

For purposes of this paragraph, the term “post-October capital loss” means—

(i) any net capital loss attributable to the portion of the taxable year after October 31, or

(ii) if there is no such loss—

(I) any net long-term capital loss attributable to such portion of the taxable year, or

(II) any net short-term capital loss attributable to such portion of the taxable year.

Source

For purposes of this paragraph, the term “post-October capital loss” means the greatest of—

(i) the net capital loss attributable to the portion of the taxable year after October 31,

(ii) the net long-term capital loss attributable to such portion of the taxable year, or

(iii) the net short-term capital loss attributable to such portion of the taxable year.

Source

  • 2010–201426 U.S.C. § 852Internal Revenue Code · Taxation of regulated investment companies and their shareholders · for purposes of this title