# Treas. Reg. § 1.1402(a)-7: Net operating loss deduction.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-1.1402(a)-7>. Interprets 26 U.S.C. § 1402.

The deduction provided by section 172, relating to net operating losses sustained in years other than the taxable year, is excluded.