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Reachback
(redirected from Reachbacks)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Reachback
The ability of a tax shelter or limited partnership to deduct certain costs and expenses at the end of the year that were incurred throughout the entire year.

Reachback
The ability for a tax shelter or limited partnership to wait until the end of a calendar year to apply deductions or credits it incurred over the entire previous year.


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