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Meaning of carryforward | Babel Free

Noun CEFR C1

Definitions

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.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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See also

Carrying carrying basket carrying capacity carrying pole carrying the mantle carrying violation

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