Definition of Carrybacks

1. Noun. (plural of carryback) ¹

¹ Source:

Definition of Carrybacks

1. carryback [n] - See also: carryback

Lexicographical Neighbors of Carrybacks

carry out
carry over
carry someone's water
carry the bat
carry the can
carry the message to Garcia
carry through
carry to term
carry water for
carry weight
carrybacks (current term)
carrying a torch for
carrying angle
carrying capacity
carrying charge
carrying cost
carrying into action
carrying out

Literary usage of Carrybacks

Below you will find example usage of this term as found in modern and/or classical literature:

1. Tax Issues in Bankruptcy and Insolvency by Willard D. Horwich (2004)
"See Cancellation of debt Improper conduct, penalties, vs. tax penalties, 5.2[3] Income tax carryovers and carrybacks, liability before commencement of case ..."

2. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"Other special rules apply to real estate investment trusts (REITs) (no carrybacks), specified liability losses (10-year carryback), and excess interest ..."

3. Vision for a New IRS: Report of the National Commission on Restructuring the Bob Kerry by Bob Kerry (1998)
"... Internal Revenue Code, which allows taxpayers to file an application for tentative carryback and refund adjustments, to foreign tax credit carrybacks. ..."

4. International Tax Issues Relating to Globalization: Hearing Before the edited by William V. Roth, Jr. (1999)
"... (2) credits earned in that taxable year, and (3) credits from carrybacks to that taxable year. This sensible result, which is consistent with the prior ..."

5. Report of the Railway Accounting Officers by Association of American Railroads Accounting Division (1888)
"In some instances, the deductions have eliminated 'all taxable income and have created net operating loss carrybacks to earlier years. ..."

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