carryforward

From Wiktionary, the free dictionary
Jump to navigation Jump to search
See also: carry forward

English

[edit]

Etymology

[edit]

From carry +‎ forward.

Noun

[edit]

carryforward (plural carryforwards)

  1. (accounting, taxation) 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.

See also

[edit]
Retrieved from "https://en.wiktionary.org/w/index.php?title=carryforward&oldid=82044631"