Printer Friendly
The Free Dictionary
989,500,746 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

carryback

   Also found in: Financial, Wikipedia 0.04 sec.

carryback n. in taxation accounting, using a current tax year's deductions, business losses or credits to refigure and amend a previously filed tax return to reduce the tax liability. (See: carryover)
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? References in periodicals archive
6511(d)(2)(A), a claim for credit or refund based on an NOL carryback must be filed within three years of the return's due date (without extensions) for the loss year.
Limits on refunds for NOL carrybacks by Curran, Kevin / The Tax Adviser
Extending the capital loss carryback period to five years.
FEI Tax Committee sets agenda for '03. (Washington Insights) by Prysock, Mark / Financial Executive
Enlarges the net operating loss carryback period from two years to five and waives alternative minimum tax depreciation.
Economic stimulus bill enacted by Journal of Accountancy
More results
 
Legal browser? ? Full browser
 
 
Legal Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.