- Suspended Loss
- A capital loss that cannot be realized in a given tax year due to passive activity limitations. These losses are therefore "suspended" until they can be netted against passive income in a future tax year. Suspended losses are incurred as a result of passive activities, and can only be carried forward.
Suspended losses that are incurred as a result of the disposition of a passive interest are subject to an annual capital loss limit. Suspended losses can, however, be used to offset income realized in a later year that is generated from material participation in the activity that initially produced the loss. For example, if a taxpayer incurs a $5,000 suspended loss in one year from a passive activity and then materially participates in the activity the following year and earns $10,000, then the suspended loss may be applied against $5,000 of the earned income, leaving the taxpayer with $5,000 of declarable income for the year.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Suspended game — A suspended game in Major League Baseball occurs when a game has to be stopped before it can be completed. When a game is suspended, the remainder of the game is to be completed at a later date.Major League Baseball Rule 4.12 describes, in detail … Wikipedia
Suspended animation — For other uses, see Suspended animation (disambiguation). Suspended animation is the slowing of life processes by external means without termination. Breathing, heartbeat, and other involuntary functions may still occur, but they can only be… … Wikipedia
loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… … Financial and business terms
suspended animation — noun a temporary cessation of vital functions with loss of consciousness resembling death; usually resulting from asphyxia (Freq. 2) • Hypernyms: ↑physical condition, ↑physiological state, ↑physiological condition • Hyponyms: ↑anabiosis … Useful english dictionary
January 2008 Société Générale trading loss incident — The January 2008 Société Générale trading loss incident was an incident in which the bank Société Générale lost approximately €4.9 billion closing out positions over three days of trading beginning January 21, 2008, a period in which the market… … Wikipedia
2007 Texas Longhorn football team — NCAATeamFootballSeason Year=2007 Team=Texas Longhorn ImageSize=130 Conference=Big 12 Conference Division=South ShortConference=Big 12 CoachRank= 10 APRank= 10 BCSRank= Record=10–3 ConfRecord=5–3 HeadCoach=Mack Brown OffCoach= Greg Davis DefCoach … Wikipedia
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
football — /foot bawl /, n. 1. a game in which two opposing teams of 11 players each defend goals at opposite ends of a field having goal posts at each end, with points being scored chiefly by carrying the ball across the opponent s goal line and by place… … Universalium
2006 Texas Longhorn football team — NCAATeamFootballSeason Year=2006 Team=Texas Longhorns ImageSize=130 Conference=Big 12 Conference Division=South ShortConference=Big 12 CoachRank=13 APRank=13 BCSRank=19 Record=10 3 ConfRecord=6 2 HeadCoach=Mack Brown OffCoach= Greg Davis DefCoach … Wikipedia
environment — environmental, adj. environmentally, adv. /en vuy reuhn meuhnt, vuy euhrn /, n. 1. the aggregate of surrounding things, conditions, or influences; surroundings; milieu. 2. Ecol. the air, water, minerals, organisms, and all other external factors… … Universalium