1. Carryover (as one word):
This is used when "carryover" acts as an adjective, directly modifying the noun. For example:
* Carryover costs (meaning costs that carry over from a previous period)
* Carryover inventory (meaning inventory remaining from a previous period)
* Carryover funds (meaning funds that are carried over from a previous budget)
2. Carry-over (with a hyphen):
This is used when "carry-over" acts as a compound adjective, meaning it's made up of two or more words that work together to modify the noun. For example:
* Carry-over effect (meaning the continuing effect of something from a previous period)
* Carry-over provisions (meaning provisions that are carried over from a previous agreement)
* Carry-over tax deductions (meaning tax deductions that are carried over from a previous year)
Ultimately, the best choice depends on the specific context and your desired emphasis. Both spellings are grammatically correct and widely used.