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:

Organismic Model

A conceptual model that views an organization or system as a living organism with interdependent parts, used to understand complex systems.

Individualistic Model

A concept in ecology that emphasizes the importance of individual variation in influencing community structure.

Interaction

A kind of action that occurs as two or more objects have an effect upon one another. The idea of a two-way effect is essential in the concept of interaction, as opposed to a one-way causal effect.

Organismic Model

A perspective in biology and ecology that views an organism as a single, integrated unit.