specified partner
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “specified partner” means any person if such person—
(i) is a partner of the publicly traded partnership referred to in subparagraph (A),
(ii) is described in section 469(a)(2), and
(iii) has a specified passive activity loss with respect to such publicly traded partnership,
Source
- 201826 U.S.C. § 6225Internal Revenue Code · Assessments made only after partnership level proceedings are completed · for purposes of this title
For purposes of this paragraph, the term "specified partner" means any person if such person—
(i) is a partner of the publicly traded partnership referred to in subparagraph (A),
(ii) is described in section 469(a)(2), and
(iii) has a specified passive activity loss with respect to such publicly traded partnership,
with respect to each taxable year of such person which is during the period beginning with the taxable year of such person in which or with which the reviewed year of such publicly traded partnership ends and ending with the taxable year of such person in which or with which the adjustment year of such publicly traded partnership ends.
Source
- 2017–present26 U.S.C. § 6225Internal Revenue Code · Assessments made only after partnership level proceedings are completed · for purposes of this title