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.
1. Any unused capital loss of a corporation may be carried back 3 years and forward 5 years; if the loss cannot be used to offset any net capital gains in those years).2.If a capital loss is not completely used up by the end of the carryforward period, it is lost forever. 3.xample Jinks Corporation incurred a $12,000 short-term gain and a $40,000 long-term capital loss during 2009. Jinks may use $12,000 of the long-term capital loss in 2009 to offset the $12,000 short-term capital gain; the remaining $28,000 of long-term loss is first carried back to the year 2006 as a short-term loss.