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Define
Definitions for
"Carryforward"
Keywords:
carryback
,
biennium
,
current
,
commitment
,
permanent
A technique for applying a loss or credit from the current year to a future year. also called tax loss carryforward. see also carryback
199.96.2.123
Carryforward indicates that portion of a permanent (on-going) commitment that is not funded in the current biennium.
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