qualified late-year loss
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “qualified late-year loss” means—
(i) any post-October capital loss, and
(ii) any late-year ordinary loss.
Source
- 2010–present26 U.S.C. § 852Internal Revenue Code · Taxation of regulated investment companies and their shareholders · for purposes of this title