The Dividends Received Deduction Cannot Cause a Net Operating Loss

question 101

True/False

The dividends received deduction cannot cause a net operating loss.The deduction can reduce income to zero but not below zero.

---

Definitions:

ATP

Adenosine Triphosphate, a molecule that carries energy within cells, being the main energy currency of the cell for metabolic processes.

Lactate

A compound produced during anaerobic metabolism, often associated with muscle fatigue and exertion.

Mitochondrion

A membrane-bound organelle found in most eukaryotic cells, responsible for producing ATP through the process of oxidative phosphorylation.

Oxidative Deamination

A chemical reaction in which an amino group is removed from an amino acid, producing a keto acid and ammonia, often occurring in the liver.