...basis provided in section 1011 for determining the loss from the sale or other disposition of property. (c) Limitation on losses of individuals. In the case...deduction under subsection (a) shall be limited to — (1) losses incurred in a trade or business; (2) losses incurred in any transaction entered into...

...26, 1960, as amended by TD 6789, 29 FR 18147, Dec. 22, 1964| § 1.165 Statutory provisions; losses. SEC. 165. Losses — (a) General rule. There shall...any loss sustained during the taxable year and not compensated for by Insurance or otherwise. (b) Amount of deduction. For purposes of subsection (a),...

...6789, 29 FR 18147. Dec. 22, 1964] § 1.165 Statutory provisions ; losses. SEC. 165. Losses — (u) General rule. There shall be allowed as a deduction...any loss sustained during the taxable year and not compensated for by Insurance or otherwise. (b) Amount of deduction. For purposes oí subsection (a)...

...TD 0789, 29 F.lt. 18147. Deo. 22,1964] § 1.165 Statutory provisions; losses. SEC. 165. Losses—(a) General rule. There shall be allowed as a deduction...any loss sustained during the taxable year and not compensated for by insurance or otherwise. (b) Amount of deduction. For purposes of subsection (a),...

...28, I960, aa amended by TJ5. 6789, 29 FR 18147, Dec. 22, 1964] § 1.165 Statutory provisions; losses. SEC. 165. Losses — (a) General rule. There shall be allowed as a deduction any lose sustained during the taxable year and not compensated for by insurance or otherwise. (b) Amount...

...1964] .§ 1.165 Statutory provisions ; losses. Вис. 165. Losses — (a) General rule. There «hall be allowed as a deduction any loss sustained during the taxable year and not compensated for by Insurance or otherwise. (b) Amount of deduction. For purposes oí subsection (a),...

...period of limitations within which a claim for credit or refund may be filed under section 6511. (e) Limitation on losses of individuals. In the case of an individual, the deduction for losses granted by section 165(a) shall, subject to the provisions of section 165<d and paragraph...

...period of limitations within which a claim for credit or refund may be filed under section 6511. (e) Limitation on losses of individuals. In the case of an individual, the deduction for losses granted by section 165 (a) shall, subject to the provisions of section 165 (c) and paragraph...

...19641 § 1.165 Statutory provisions; losses. SEC. 165. Losses — ia) General rule. There shall oe allowed as a deduction any loss sustained during the taxable year and not compensated for by Insurance or otherwise. (b) Amount of deduction. For purposes of subsection (a),...

...period of limitations within which a claim for credit or refund may be filed under section 6511. (e) Limitation on losses of individuals. In the case of an individual, the deduction for losses granted by section 165 (a) shall, subject to the provisions of section 165(c) and paragraph...