Assertion: straddle's loss | /r/HasProperty | taken into account
Facets:
value: to the extent
type: OTHER
value: for any taxable year
type: TEMPORAL
Source sentences:
text: Any loss with respect to 1 or more positions shall be taken into account for any taxable year only to the extent that the amount of such loss exceeds the unrecognized gain (if any) with respect to 1 or more positions which were offsetting positions with respect to 1 or more positions from which the loss arose.
text: -6T provides that prestraddle gain and prestraddle loss are taken into account and have their character determined at the appropriate time by the provisions of the Code that would apply if the identified mixed straddle was not established under the Code.