Carry-Over

(redirected from carry-overs)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

Carry-Over

The designation of the process by which net operating loss for one year may be applied, as provided by federal tax law, to each of several taxable years following the taxable year of such loss.

See: balance, remainder
References in periodicals archive ?
Among the stories The Banner covered this year were three that were carry-overs from years past.
With less than seven months to an election, the Government set out a streamlined programme of 15 Bills - three of them carry-overs from the previous session and two in draft form.
today announced that its Board of Directors has adopted a stockholder rights plan designed to help preserve the value of certain deferred tax assets that are primarily associated with net operating loss carry-overs and built-in losses under Section 382 of the Internal Revenue Code.
Since the minimums have been raised, the carry-overs are much larger - pounds 60 or pounds 70 is the norm - and this obviously attracts more money chasing the pot, and strengthens the pool.
The bill sets rules for calculating loss carry-overs, deferred deductions and deferred income.
Singh won 90,000 Canadian dollars (pounds 41,000) by sinking a six-foot putt to win the ninth, the result of four carry-overs, while Garcia collected one skin worth 15,000 dollars (pounds 6,800).
having cleared their carry-overs, are suddenly looking for stock.