Asset created from the value of tax losses incurred in previous years and available to be used in future periods to offset taxable income A corporation with a $1 million tax-loss carry forward may save as much as $340,000 in corporate income taxes by using the loss in future periods
In the event of an individual wishing to make a payment to a Personal Pension Plan or Retirement Annuity Contract which is greater than the maximum contribution entitlement for that year, the individual may be able to utilise unused contribution entitlement from the previous 6 or 7 years This utilisation of unused previous years entitlement is known as Carry Forward
When a change is made to an appointment, the same elements in future appointments with the same keys (SSN, PSN-ID) are changed This applies to both appointments in the APPOINTMENT storage and to appointments represented by transactions in the queue
A Carry Forward is a negotiated endorsement to a policy allowing a member's medical charges incurred in the last 31 days of the expiring policy year to accrue toward the new policy year member's deductible
In general, state funds appropriated for one FY do not have to be used in that year; they can be carried forward to the next FY, although they must be used for the same purpose for which they were originally appropriated Districts should check with program administrators (persons named as "contacts") at the USOE to determine whether carry forward requires USOE approval, is subject to any other restrictions, or may affect future allocations
This is like carry backs, only going into future tax years instead of past ones If you have excess deductions or credits for the current year, the IRS allows you in some cases, such as a large charitable contribution, to "save" the excess and carry it forward to reduce your tax liability in later years
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