Sentences with phrase «previous taxation years»

These changes apply retroactively to taxpayers that did not properly file Form 8891 in previous taxation years.

You have to use capital losses to offset gains in the same year, but you are allowed to carry back additional losses and apply them to gains realized in the three previous taxation years, or carry forward the losses indefinitely.

Contributions made in the first 60 days of the year can be applied against the previous taxation year or in any subsequent year.

Not exact matches

Supplementary Budgetary legislation in New Zealand includes an annual «Appropriation (Confirmation and Validation) Bill», which serves to validate taxation and spending incurred in the previous year which fell outside the previous year's Budget, and «Imprest Supply Bills,» typically several in a year, which grant interim authority to the Government to tax and spend.