File Form 1139 — Corporation Application for Tentative Refund

Carry back a net operating loss, net capital loss, or unused general business credit to a preceding year for a quick corporate refund. File separately — not with the corporation's income tax return.

$120 flat per filing (a person reviews and files every application). Currently in preview — data collection is live and e-file is in progress.

Corporation (filer)

1. Reason(s) for filing

Return details

4. Did a loss release a foreign tax credit, or are you carrying back a GBC released by it?
5a. Was a consolidated return filed for any carryback year / did the corp join a consolidated group?
6a. If Form 1138 was filed, was an extension of time granted for the NOL-year return?
9. Has the corporation filed a petition in Tax Court for the carryback year(s)?
10. Is any part of the decrease in tax from a reportable transaction (Form 8886)?

Computation of Decrease in Tax (lines 11–28)

Enter each preceding year to which the loss/credit is carried, with the before- and after-carryback amounts (whole dollars). If only filing for an unused general business credit (line 1c), skip lines 11–15.

LineBefore carrybackAfter carryback
11. Taxable income from tax return
12. Capital loss carryback—
13. Subtract line 12 from line 11—
14. NOL deduction—
15. Taxable income (subtract line 14 from line 13)—
16. Income tax
17. Alternative minimum tax
18. Base erosion minimum tax (Form 8991)
19. Add lines 16 through 18
20. General business credit
21. Other credits
22. Total credits (add lines 20 and 21)
23. Subtract line 22 from line 19
24. Personal holding company tax
25. Other taxes
26. Total tax liability (add lines 23 through 25)

Refund

30. Direct deposit (optional)

Signature of officer