carryforward
noun
car·ry·for·ward ˈker-ē-ˈfȯr-wərd 
ˈka-rē-,
-ˌfȯr-,
Southern also -ˈfär-,
-ˌfär-
: carryover
Example Sentences
Recent Examples on the Web Under the proposal, interest disallowed in a taxable year beginning after December 31, 2021, can no longer be carried forward indefinitely but would be limited to a five-year carryforward. 
Lynn Mucenski Keck, Forbes, 9 Oct. 2021 Business losses exceeding the EBL limitation are a NOL carryforward. Robert Green, Forbes, 2 Mar. 2021 In this case, Gannett adopted the plan because of a tax law that would significantly reduce its tax net operating loss carryforwards, known as NOLs, if investors owning more than 5% of the company's stock acquired shares totaling 50% or more. Nathan Bomey, USA TODAY, 7 Apr. 2020 Penney adopted the poison pill because an ownership change would substantially limit the use of the tax carryforwards under IRS code. Maria Halkias, Dallas News, 22 Jan. 2020 Its federal net operating loss carryforwards—accumulated losses that offset future taxable income—rose to $627 million at the end of 2018 from $226 million a year earlier, according to securities filings. Richard Rubin, WSJ, 14 June 2019 Its federal tax credit carryforward—accumulated credits that offset future taxes—rose to $1.4 billion from $855 million, largely because of the research-and-development credit. Richard Rubin, WSJ, 14 June 2019 In this category are the benefits for accelerated depreciation, net-loss carryforwards, and incentive stock options, among others. Laura Saunders, WSJ, 18 May 2018 Other than likely legal wrangling — and a possible restart of budget negotiations, the House and Senate may have to fund their business through their reserve funds, also known as carryforward funds. Rachel E. Stassen-berger, Twin Cities, 1 June 2017 See More
Lynn Mucenski Keck, Forbes, 9 Oct. 2021 Business losses exceeding the EBL limitation are a NOL carryforward. Robert Green, Forbes, 2 Mar. 2021 In this case, Gannett adopted the plan because of a tax law that would significantly reduce its tax net operating loss carryforwards, known as NOLs, if investors owning more than 5% of the company's stock acquired shares totaling 50% or more. Nathan Bomey, USA TODAY, 7 Apr. 2020 Penney adopted the poison pill because an ownership change would substantially limit the use of the tax carryforwards under IRS code. Maria Halkias, Dallas News, 22 Jan. 2020 Its federal net operating loss carryforwards—accumulated losses that offset future taxable income—rose to $627 million at the end of 2018 from $226 million a year earlier, according to securities filings. Richard Rubin, WSJ, 14 June 2019 Its federal tax credit carryforward—accumulated credits that offset future taxes—rose to $1.4 billion from $855 million, largely because of the research-and-development credit. Richard Rubin, WSJ, 14 June 2019 In this category are the benefits for accelerated depreciation, net-loss carryforwards, and incentive stock options, among others. Laura Saunders, WSJ, 18 May 2018 Other than likely legal wrangling — and a possible restart of budget negotiations, the House and Senate may have to fund their business through their reserve funds, also known as carryforward funds. Rachel E. Stassen-berger, Twin Cities, 1 June 2017 See More Word History
First Known Use
1898, in the meaning defined above
Legal Definition
carryforward
noun
car·ry·for·ward ˌkar-ē-ˈfōr-wərd
: carryover