TourAxiom/US Federal/Statutes/Title 26/§ 469/(a)/(1)In generalOfficial sourceciteIf for any taxable year the taxpayer is described in paragraph (2), neither—(A)#cite · 26 U.S.C. § 469(a)(1)(A)the passive activity loss, nor(B)#the passive activity credit,for the taxable year shall be allowed.Persons described →
