applicable carryover rule
Defined in 1 place of the United States Code.
For purposes of this subparagraph, the term “applicable carryover rule” means any carryover rule applicable to charitable contributions which were (in whole or in part) not allowed as a deduction for the contribution year by reason of subsection (b)(1)(I).
Source
- 2025–present26 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · in this section