carryforward
carryforward · carryforwards
An income tax loss or credit not usable in the current year that can be applied to…An income tax loss or credit not usable in the current year that can be applied to offset income or taxes paid, respectively, in subsequent tax years.
US/kˈɛɹifˌɔɹwɚd/
Meaning
1 sensesAn income tax loss or credit not usable in the current year that can be applied to offset income or taxes paid, respectively, in subsequent tax years.
Origin
From carry + forward.From carry + forward.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: carryforwards| Singular | carryforward |
|---|---|
| Plural | carryforwards |
regular
Word family
1 related wordsRelatedcarryback
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.