NTA2114. Using (Rather Than Losing) Losses for Individual Taxpayers

Overview of the application of certain loss limitation provisions which impact individual taxpayers with pass-through ownership (including as a result of basis, at-risk, passive activity, and excess business loss limitations).  Session will consider various opportunities to maximize the utiliation of attributes resulting from the limitation of losses.

Learning Objectives:

• Provide an overview of certain loss limitations (including under sections 704(d), 1366(d), 465, 469 and 461(l), among others).
• Analyze various opportunities to utilize attributes resutling from the limitation of losses.