Results.
Results.
(A) After the allocation of loss and recapture of loss accounts, X has the following taxable income and losses for 2008:
(A) After the allocation of loss and recapture of loss accounts, X has the following taxable income and losses for 2008:
(k) Effective/applicability date. This section applies to taxable years beginning on or after January 1, 2012. Taxpayers may choose to apply this section to other taxable years beginning after December 31, 2006, including periods covered by 26 CFR ยง 1.904(g)-3T (revised as of April 1, 2010).