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Carryover - Law Dictionary Search Results

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carryover

carryover : the portion of a deduction (as for a net

carryover basis

carryover basis see basis

basis

was in the hands of the donor or transferor NOTE: Carryover basis is generally applied to gifts, transfers in trust, and

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carryback

be deducted from taxable income of a prior period compare carryover

carryforward

carryforward : carryover

loss

business exceed the income derived from it see also carryback, carryover ordinary loss : a loss from the sale or exchange

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