What is the meaning of carry back?

verb

  • Deduct a loss or an unused credit from taxable income for a prior period. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). carry back. Retrieved September 20, 2026, from http://smartdefine.org/carry_back/definitions/1263741
ChicagoWordNet. 2010. "carry back" http://smartdefine.org/carry_back/definitions/1263741 (accessed September 20, 2026).
HarvardWordNet 2010, carry back, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/carry_back/definitions/1263741>.
MLAWordNet. "carry back" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/carry_back/definitions/1263741>
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