### Question
Can you define what net operating loss deduction means?


### Answer
**Net operating loss deduction** is defined as the following in *26 U.S.C. § 172*:

> the deduction allowed by this subsection

#### Citation:
  - *26 U.S.C. § 172*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

