car·​ry·​for·​ward | \ ˈker-ē-ˈfȯr-wərd How to pronounce carryforward (audio) , ˈka-rē-, -ˌfȯr-, Southern also -ˈfär-, -ˌfär- \

Definition of carryforward

Examples of carryforward in a Sentence

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

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'carryforward.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of carryforward

1898, in the meaning defined above

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The first known use of carryforward was in 1898

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carrying capacity

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Last Updated

16 Oct 2021

Cite this Entry

“Carryforward.” Dictionary, Merriam-Webster, Accessed 22 Oct. 2021.

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car·​ry·​for·​ward | \ ˌkar-ē-ˈfōr-wərd How to pronounce carryforward (audio) \

Legal Definition of carryforward


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