What are obligatory losses?

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Losses from passive activities-activities in which the taxpayer doesn't materially participate, and most rental activities-may only be used to offset passive activity income (which doesn't include...

Because when you lose your hair you are no longer attractive to the opposite sex and thus really don't need any sperm.

It depends upon whether they hit their head or not. A bump to the head can cause memory loss. Another cause of memory loss is stress or anxiety.

As a casual gambler the gambling loss would not be a net operating loss on your income tax return. If you have a business operation of gambling then you could end up with a net operating loss from...