carryforward
carryforward 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.
Noun
carryforward (plural carryforwards)
- 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.
Forms of carryforward
| plural | carryforwards |
|---|
Origin of carryforward
From carry + forward.
Questions about carryforward
- What does carryforward mean?
- Carryforward means 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.
- What part of speech is carryforward?
- Carryforward is a noun.
- What is the plural of carryforward?
- The plural of carryforward is carryforwards.
Words near carryforward in the dictionary
Source and license
Adapted from Wiktionary: carryforward (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “carryforward.” Word.ws, https://word.ws/carryforward. Based on Wiktionary, CC BY-SA 4.0.
