Form 1139

[ILLMAS]

Does anyone here have guidance on filing out the form 1139 for a 5 year carryback?  The current form only has columns for three years and I cannot seem to find an example.

Thanks

[micpa]

The 1139 that I did for 2019 using Drake, prints it on 2 1139 forms.  First page, far right column 1st preceding tax year, middle column 2nd, 3rd year far left column.  Second page also on Form 1139, middle column 4th year, far left column 5th year.  Check instructions for attachments.  It took a while, but they received their refunds plus interest.

[ILLMAS]

Thanks, one more question, do I have to sum up the decrease in tax per page and put the amount on line 29?

[micpa]

I was doing a carryback of a NOL, so I stopped at line 28 for each year.  Check here under numbers 10 & 11, for a change in Form 8827: https://www.irs.gov/newsroom/temporary-procedures-to-fax-certain-forms-1139-and-1045-due-to-covid-19

There may also be an update to these instructions.