An Unreimbursed Employee Business Expense Can Create an NOL for an Individual

question 59

True/False

An unreimbursed employee business expense can create an NOL for an individual.

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Definitions:

Food

Any nutritious substance that people or animals eat or drink in order to maintain life and growth.

Special Privileges

Exceptional rights, advantages, or immunities granted to individuals or groups, often beyond what is common.

Deviance

Occurs when someone departs from a norm and evokes a negative reaction from others.

Norm-breaking

Refers to actions or behaviors that deviate from widely accepted social norms or standards.