{"code":"RTC","codeName":"Revenue and Taxation Code","section":"17075","citation":"Rev. & Tax. Code, § 17075","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 10. PERSONAL INCOME TAX [17001. - 18181.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-10"},{"name":"CHAPTER 3. Computation of Taxable Income [17071. - 17307.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-10/chapter-3"},{"name":"ARTICLE 1. Definition of Gross Income, Adjusted Gross Income, Taxable Income, etc. [17071. - 17078.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-10/chapter-3/article-1"}],"history":"Amended by Stats. 1999, Ch. 987, Sec. 10.   Effective October 10, 1999.","effective":"1999-10-10","html":"<p>Section 65 of the Internal Revenue Code, relating to ordinary loss defined, shall apply, except as otherwise provided.</p>","text":"Section 65 of the Internal Revenue Code, relating to ordinary loss defined, shall apply, except as otherwise provided.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/definition-of-gross-income-adjusted-gross-income-taxable-17075","source":"California Legislative Information bulk export (pubinfo)"}