### Question
How is the "post-October specified loss" defined?


### Answer
The term **post-October specified loss** is defined in *26 U.S.C. § 852* as follows -

> the excess (if any) of—


(i) the specified losses (as defined in section 4982(e)(5)(B)(ii)) attributable to the portion of the taxable year after October 31, over


(ii) the specified gains (as defined in section 4982(e)(5)(B)(i)) attributable to such portion of the taxable year

#### Citation:
  - *26 U.S.C. § 852*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter M-Regulated Investment Companies and Real Estate Investment Trusts > PART I-REGULATED INVESTMENT COMPANIES**

