Instructions For Form 1045 - Application For Tentative Refund

To make the election for 2000, attach to your

$4,150 for 1997 ($6,900 if married),

You do not need to attach a detailed

2000 income tax return filed on or before the

computation of the tax in this case.

$4,000 for 1996 ($6,700 if married),

due date (including extensions) a statement

$3,900 for 1995 ($6,550 if married),

that you are electing a 2 year carryback period

Line 18—General Business

$3,800 for 1994 ($6,350 if married),

for any 2000 farming losses. If you filed your

Credit

$3,700 for 1993 ($6,200 if married),

original return on time, you may make the

election on an amended return filed within 6

$3,600 for 1992,

For each affected carryback year, enter in the

months after the due date of the return

$3,400 for 1991,

column labeled “After carryback” the total of the

(excluding extensions). Attach the election to

recomputed general business credits, using

$3,250 for 1990.

the amended return, and write “Filed pursuant

Form 3800 or 8844.

If you used TeleFile for your original return

to section 301.9100-2” on the election

If an NOL carryback eliminates or reduces

and someone else could claim you as a

statement. File the amended return at the same

a general business credit in an earlier year, you

dependent on their return, see Form 1040EZ

address you used for your original return.

may be able to carry back the released credit

for the year in question and complete the

Once made, the election is irrevocable.

1 year (3 years if the credit arose in a tax year

worksheet on the back of that form. Next, enter

Specified liability losses. Any portion of an

beginning before 1998). See section 39 and the

the amount from line E of the worksheet on line

NOL that is a specified liability loss (defined on

instructions for Form 3800 for more details on

13 of Form 1045 in the column labeled “Before

page 1) is carried back to the 10th tax year

general business credit carrybacks.

carryback” for the appropriate year. If no one

before the year of the loss. Any loss not used

could claim you as a dependent, enter the

For carryback of a suspended research

in that year is carried to the 9th year and then

amount listed above for that year.

credit, see When To File on page 1.

applied consecutively forward through the 1st

CAUTION

preceding tax year. Any specified liability loss

Line 15—Exemptions

Line 19—Other Credits

that is not applied in the 10 preceding tax years

may be carried forward up to 20 years.

Individuals. Enter in the column labeled

See your tax return for the carryback year for

Note: You may need to use up to four Forms

“Before carryback” for each applicable

any additional credits such as the earned

1045 to carry back a specified liability loss.

carryback year the amount shown (or as

income credit, credit for child and dependent

Complete lines 1 through 9 and Schedule A on

previously adjusted) on Form 1040, line 36 (line

care expenses, child tax credit, education

only one Form 1045. Use this Form 1045 for

37 for 1997; line 38 for 1998–99).

credits, foreign tax credit, etc., that will apply in

the earliest preceding tax years. You must sign

If you filed Form 1040A, enter the amount

that year. If you make an entry on line 19,

this Form 1045, but do not need to sign any of

shown (or as previously adjusted) on line 21

identify the credit(s) claimed.

the other Form(s) 1045.

(line 23 for 1998–99).

You may elect to treat a specified liability

If you filed Form 1040-T for 1995, enter the

Line 22—Recapture Taxes

loss as if it were not a specified liability loss. If

amount shown (or as previously adjusted) on

you make this election, the loss carryback

Individuals. Enter the recapture taxes included

line 24.

period will be 2 years (3 years if the loss is an

on line 56 of your 1998–99 Form 1040 (line 53

If you filed Form 1040EZ and checked the

eligible loss; 5 years if the loss is a farming

for 1997; line 51 for 1996) or shown on line 49

“Yes” box on Form 1040EZ, line 5 (line 4 for

loss). To make this election for a loss incurred

of your 1991–95 Form 1040 (line 50 for 1990).

1990–92 and 1994), enter zero (or the amount

in your 2000 tax year, attach to your 2000

Estates and trusts. Enter the recapture taxes

from line F of the 1040EZ worksheet if

income tax return filed on or before the due

shown on Schedule G (Form 1041), line 5.

married). If you checked the “No” box, enter:

date (including extensions) a statement that

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

you are electing to treat any 2000 specified

Line 23—Alternative Minimum

$2,700 for 1998 ($5,400 if married),

liability losses as if they were not specified

Tax

liability losses. If you filed your return on time,

$2,650 for 1997 ($5,300 if married),

you may make the election on an amended

$2,550 for 1996 ($5,100 if married),

The carryback of an NOL may affect your

return filed within 6 months of the due date of

$2,500 for 1995 ($5,000 if married),

alternative minimum tax. Individuals use Form

the return (excluding extensions). Attach the

6251 to figure this tax. Estates and trusts use

$2,450 for 1994 ($4,900 if married),

election to the amended return, and write “Filed

Schedule I (Form 1041) (Schedule H for

$2,350 for 1993 ($4,700 if married),

pursuant to section 301.9100-2” on the election

1992–94; Form 8656 for 1990–91).

statement. File the amended return at the same

$2,300 for 1992,

address you used for your original return. Once

$2,150 for 1991,

Line 24—Self-Employment Tax

made, the election is irrevocable.

$2,050 for 1990.

Special rules. Special rules apply if you filed

Do not adjust the self-employment tax because

If you used TeleFile for your original return

a joint return (or a separate return) for some

of any carryback.

and could be claimed as a dependent on

but not all of the tax years involved in figuring

someone else's return, enter zero if you were

the NOL carryback. For details, see Pub. 536.

Line 25—Other Taxes

single. If you were married, see Form 1040EZ

Attach a computation showing how you figured

for the year in question and complete the

See your tax return for the carryback year for

the carryback.

worksheet on the back of that form. Next, enter

any other taxes not mentioned above, such as

the amount from line F of the worksheet on line

tax on an IRA, that will apply in that year. If you

Line 13—Deductions

15 of Form 1045 in the column labeled “Before

make an entry on this line, identify the taxes

carryback” for the applicable year. If no one

Individuals. For each applicable carryback

that apply.

could claim you as a dependent, enter the

year, enter in the column labeled “Before

amount listed above for that year.

carryback” the amount shown (or as previously

Line 29—Overpayment of Tax

Estates and trusts. Enter in the columns

adjusted) on Form 1040, line 34 (line 35 for

Under Section 1341(b)(1)

labeled “Before carryback” and “After

1997; line 36 for 1998–99).

carryback” for each applicable carryback year

If you filed Form 1040A, enter the amount

If you apply for a tentative refund based on an

the amount shown (or as previously adjusted)

shown (or as previously adjusted) on line 19

overpayment of tax under section 1341(b)(1),

on Form 1041, line 20 (line 21 for 1997).

(line 21 for 1998–99).

enter it on this line. Also, attach a computation

showing the information required by

If you filed Form 1040-T for 1995, enter the

Line 17—Income Tax

Regulations section 5.6411-1(d).

amount shown (or as previously adjusted) on

line 20.

Refigure your tax for each carryback year after

Line 30—Suspended Research

If you filed Form 1040EZ and checked the

taking into account the NOL carryback. Include

“Yes” box on Form 1040EZ, line 5 (line 4 for

any tax from Form 4970, Tax on Accumulation

Credit Allowed for Current Year

1990–92 and 1994), enter the amount shown

Distribution of Trusts, and Form 4972, Tax on

Enter the suspended research credit allowed

(or as previously adjusted) on line E of the

Lump-Sum Distributions. Attach any schedule

for the current year that is attributable to the

worksheet on the back of Form 1040EZ. If you

used to figure your tax or an explanation of the

suspension period for which you are filing this

checked the “No” box, enter:

method used to figure the tax and, if necessary,

Form 1045. See the instructions for line 58 of

a detailed computation.

$4,300 for 1999 ($7,200 if married),

Form 6765. If your tax year is the calendar year

For example, write “Tax Rate Schedule–

$4,250 for 1998 ($7,100 if married),

or you have a fiscal year beginning before

1998” if that is the method used for that year.

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Instructions For Form 1045 - Application For Tentative Refund - 2000 Page 3

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