Carryforward

Wiktionary, Creative Commons Attribution/Share-Alike License
  • noun. 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.
  • Word Usage
    "So, we will be in the market, we'll consistently discuss this with our board, but at the current time plan to kind of carryforward as we put plans in place at the beginning of the year."
    cross-reference
    carryback  
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