How Do You Spell CARRY BACK?

Pronunciation: [kˈaɹi bˈak] (IPA)

The spelling of the phrase "carry back" is fairly straightforward once you understand how to pronounce it. The first syllable, "car," is pronounced with the /k/ sound followed by the diphthong /æɹ/ as in "carrot." The second syllable, "ry," is pronounced with the vowel sound /iː/ as in "bee," and the final syllable, "back," is pronounced with the consonant sound /b/ and the vowel sound /æk/ as in "hack." Altogether, it is pronounced as /ˈkæɹi bæk/.

CARRY BACK Meaning and Definition

  1. Carry back is a financial term that refers to the deduction or offsetting of a loss from one tax year against profits earned in a previous tax year. This allowance allows businesses or individuals to apply a net operating loss (NOL) to a prior year's taxable income in order to reduce the amount of tax payable. This process is known as carrying back the loss.

    When a business or individual incurs a loss in a particular tax year, they may be eligible to carry back that loss to a previous year when they had taxable income. By doing so, they can reduce their taxable income from that previous year and potentially receive a tax refund due to the offset. The carry back provision enables entities to receive a more immediate benefit from their losses rather than waiting for future tax years to use the loss as a deduction.

    The specific rules and limitations regarding the carry back of losses may vary depending on the tax jurisdiction. Some jurisdictions may have restrictions on the number of years for which a loss can be carried back or impose certain conditions for eligibility. Additionally, different types of losses, such as capital losses or business losses, may have separate carry back provisions.

    Overall, carry back is a tax strategy that allows businesses or individuals to apply current year losses against prior year profits, ultimately reducing tax liability and potentially resulting in a tax refund.

Common Misspellings for CARRY BACK

  • xarry back
  • varry back
  • farry back
  • darry back
  • czrry back
  • csrry back
  • cwrry back
  • cqrry back
  • caery back
  • cadry back
  • cafry back
  • catry back
  • ca5ry back
  • ca4ry back
  • carey back
  • cardy back
  • carfy back
  • carty back
  • car5y back

Etymology of CARRY BACK

The phrase "carry back" does not have a specific etymology on its own since it is a combination of two separate words with their respective origins.

The word "carry" derives from the Old North French word "carier", which means "to move or transport". It can be traced back to the Latin word "carrus", meaning "cart" or "wagon".

The word "back" derives from the Old English word "bæc", which has its roots in the Proto-Germanic word "bakam". It is related to similar words in other Germanic languages, such as German "zurück" and Dutch "terug", all meaning "back" or "in the opposite direction".

When combined, "carry back" generally means to transport or bring something to a previous location or position.

Idioms with the word CARRY BACK

  • carry back To return or bring something back to a previous state or condition.

Similar spelling words for CARRY BACK

Conjugate verb Carry back

CONDITIONAL

I would carry back
you would carry back
he/she/it would carry back
we would carry back
they would carry back

CONDITIONAL CONTINUOUS

I would be carrying back
you would be carrying back
he/she/it would be carrying back
we would be carrying back
they would be carrying back

CONDITIONAL PERFECT

I would have carry back
you would have carry back
he/she/it would have carry back
we would have carry back
they would have carry back

CONDITIONAL PERFECT CONTINUOUS

I would have been carrying back
you would have been carrying back
he/she/it would have been carrying back
we would have been carrying back
they would have been carrying back

FUTURE

I will carry back
you will carry back
he/she/it will carry back
we will carry back
they will carry back

FUTURE CONTINUOUS

I will be carrying back
you will be carrying back
he/she/it will be carrying back
we will be carrying back
they will be carrying back

FUTURE PERFECT

I will have carried back
you will have carried back
he/she/it will have carried back
we will have carried back
they will have carried back

FUTURE PERFECT CONTINUOUS

I will have been carrying back
you will have been carrying back
he/she/it will have been carrying back
we will have been carrying back
they will have been carrying back

IMPERATIVE

you carry back
we let´s carry back

NONFINITE VERB FORMS

to carry back

PAST

I carried back
you carried back
he/she/it carried back
we carried back
they carried back

PAST CONTINUOUS

I was carrying back
you were carrying back
he/she/it was carrying back
we were carrying back
they were carrying back

PAST PARTICIPLE

carried back

PAST PERFECT

I had carried back
you had carried back
he/she/it had carried back
we had carried back
they had carried back

PAST PERFECT CONTINUOUS

I had been carrying back
you had been carrying back
he/she/it had been carrying back
we had been carrying back
they had been carrying back

PRESENT

I carry back
you carry back
he/she/it carries back
we carry back
they carry back

PRESENT CONTINUOUS

I am carrying back
you are carrying back
he/she/it is carrying back
we are carrying back
they are carrying back

PRESENT PARTICIPLE

carrying back

PRESENT PERFECT

I have carried back
you have carried back
he/she/it has carried back
we have carried back
they have carried back

PRESENT PERFECT CONTINUOUS

I have been carrying back
you have been carrying back
he/she/it has been carrying back
we have been carrying back
they have been carrying back

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