BibliographyAmerican National Biography; Scribner Encyclopedia of American Lives; Lodge, Henry C., Jr., The Storm Has Many Eyes, A Personal Narrative. New York: Norton, 1973; Miller, William J., Henry Cabot Lodge: A Biography. New York: Heinman, 1967.
A student can carry forward to a future year, the portion of tuition or education amount that he cannot use and does not transfer to someone else. However, if a student carries forward an amount, he will not be able to transfer it to anyone.
When you have expenses to itemize, but the total is less than the standard deduction you can take or other circumstances prevent you from itemizing, know that most expenses can't be carried forward to a future tax year. The tax code does allow you to carry forward a few deductions.n a nutshell, the cash method requires income to be reported in the same year you receive the funds and expenses to be deducted in the year of payment. This general rule is what prevents you from carrying forward most itemized expenses, such as mortgage interest and health care costs, for example.