Instructions For Form 1045 - Application For Tentative Refund

Line 14—Exemptions

Estates and trusts. Enter in the

recovery assistance losses, or any

columns labeled “Before carryback”

2008 or 2009 NOL that you elected to

Individuals. Enter in the column

and “After carryback” for each

carry back more than 2 years under

labeled “Before carryback” for each

applicable carryback year the amount

the special rules described beginning

applicable carryback year, the

shown (or as previously adjusted) on

on page 4, or

amount shown (or as previously

Form 1041, line 20.

b. AMTI for the tax year (figured

adjusted) on Form 1040:

without regard to the ATNOLD and

•

Line 16—Income Tax

Line 42 for 2005 – 2008,

any domestic production activities

•

Line 41 for 2004,

deduction) reduced by the amount

Use your refigured taxable income

•

Line 39 for 2003,

determined under (1), above.

(Form 1045, line 15, using the “After

•

Line 40 for 2002, or

carryback” column) to refigure your

•

Line 38 for 1999 – 2001.

If you elect to carry back a 2008 or

tax for each carryback year. Include

2009 NOL to the 5th taxable year

If you filed Form 1040NR, enter

any tax from Form 4970, Tax on

under the special rules described

the amount shown (or as previously

Accumulation Distribution of Trusts,

beginning on page 4, the 50 percent

adjusted) on:

and Form 4972, Tax on Lump-Sum

limitation on modified taxable income

•

Line 39 for 2005 – 2008,

Distributions. Attach any schedule

•

is applied separately based on the

Line 38 for 2004,

used to figure your tax or an

•

alternative minimum taxable income.

Line 37 for 2003,

explanation of the method used to

•

Line 38 for 2002, or

figure the tax and, if necessary, a

Line 19—General

•

Line 37 for 1999 – 2001.

detailed computation.

Business Credit

If you filed Form 1040A, enter the

For example, write “Tax

amount shown (or as previously

Computation Worksheet–2007” if this

Enter in the column labeled “After

adjusted) on:

is the method used for that year. You

carryback” for each affected

•

Line 26 for 2002 – 2008,

do not need to attach a detailed

carryback year the total of the

•

Line 24 for 2000 – 2001, or

computation of the tax in this case.

recomputed general business credits,

•

Line 23 for 1999.

using Form 3800 (or using Forms

Line 17—Alternative

3800, 5884, 6478, 8586, 8835

If you filed Form 1040EZ and

(Section B), 8844, 8846, or 8884, if

checked the “You” box on Form

Minimum Tax

applicable, to recompute the general

1040EZ, line 5 (the “Yes” box on line

The carryback of an NOL or net

business credits for years before

5 for 1999 – 2004), enter zero (or the

section 1256 contracts loss may

2008).

amount from line F (line E for 2005)

affect or cause you to owe alternative

of the 1040EZ worksheet if married).

If an NOL or net section 1256

minimum tax. Individuals use Form

If you did not check any box (or you

contracts loss carryback eliminates or

6251 to figure this tax. Estates and

checked the “No” box for 1999 –

reduces a general business credit in

trusts use Schedule I (Form 1041).

2004), enter:

an earlier year, you may be able to

•

The 90% limit on the alternative

$3,500 for 2008 ($7,000 if married),

carry back the released credit 1 year.

•

tax net operating loss deduction

$3,400 for 2007 ($6,800 if married),

See section 39 and the instructions

•

(ATNOLD) does not apply to the

$3,300 for 2006 ($6,600 if married),

for Form 3800 for more details on

•

portion of an ATNOLD attributable to

$3,200 for 2005 ($6,400 if married),

general business credit carrybacks.

•

qualified disaster losses, qualified GO

$3,100 for 2004 ($6,200 if married),

Line 20—Other Credits

•

Zone losses, qualified recovery

$3,050 for 2003 ($6,100 if married),

•

assistance losses, qualified disaster

$3,000 for 2002 ($6,000 if married),

See your tax return for the carryback

•

recovery assistance losses, or any

$2,900 for 2001 ($5,800 if married),

year for any additional credits such as

•

2008 or 2009 NOL that you elected to

$2,800 for 2000 ($5,600 if married),

the earned income credit, credit for

carry back more than 2 years under

child and dependent care expenses,

•

the special rules described beginning

$2,750 for 1999 ($5,500 if married).

child tax credit, education credits,

on page 4. Instead, the ATNOLD for

If you used TeleFile for your

foreign tax credit, retirement savings

the tax year is limited to the sum of:

original return and someone else

contributions credit, etc., that will

1. The smaller of:

could claim you as a dependent on

apply in that year. If you make an

their return, enter zero if you were

entry on this line, identify the credit(s)

a. The sum of the ATNOL

single. If you were married, see Form

claimed.

carrybacks and carryforwards to the

1040EZ for the year in question and

tax year attributable to NOLs other

After carryback. Refigure any

complete the worksheet on the back

than qualified disaster losses,

credits included on this line that are

of that form. Next, enter the amount

qualified GO Zone losses, qualified

based on or limited by your tax

from line F of that worksheet on Form

recovery assistance losses, qualified

liability. Use your refigured tax liability

1045, line 14, in the column labeled

disaster recovery assistance losses,

to refigure your credits for each

“Before carryback” for the applicable

or any 2008 or 2009 NOL that you

carryback year.

year. If no one could claim you as a

elected to carry back more than 2

Line 23—

dependent, enter the amount listed

years under the special rules

above for that year.

described beginning on page 4, or

Self-Employment Tax

b. 90% of AMTI for the tax year

After carryback. If your

Do not adjust self-employment tax

(figured without regard to the

deduction for personal exemptions in

ATNOLD and any domestic

because of any carryback.

the carryback year was limited based

production activities deduction), plus

on your adjusted gross income, enter

Line 24—Other Taxes

2. The smaller of:

in the column labeled “After

carryback” the deduction for personal

a. The sum of the ATNOL

See your tax return for the carryback

exemptions refigured using your

carrybacks to the tax year attributable

year for any other taxes not

refigured adjusted gross income

to qualified disaster losses, qualified

mentioned above, such as recapture

(Form 1045, line 11, using the “After

GO Zone losses, qualified recovery

taxes, tax on an IRA, etc., that will

carryback” column).

assistance losses, qualified disaster

apply in that year. If you make an

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Instructions for Form 1045 (2009)

Instructions For Form 1045 - Application For Tentative Refund - 2009 Page 6

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