Instructions For Form 1045 - Application For Tentative Refund

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2. Dismantling of a drilling

All Forms 8271, Investor Reporting

representative for us to contact,

platform,

of Tax Shelter Registration Number,

attach a copy of your authorization to

3. Remediation of environmental

attached to your 2006 income tax

Form 1045. For this purpose, you can

contamination, or

return,

use Form 2848, Power of Attorney

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4. Payment under any workers

All Forms 8886, Reportable

and Declaration of Representative.

compensation act.

Transaction Disclosure Statement,

Disallowance of the

attached to your 2006 income tax

Any loss from a liability arising

return,

Application

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from (1) through (4) above can be

Forms 8302, Electronic Deposit of

taken into account as a specified

Your application is not treated as a

Tax Refund of $1 Million or More,

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liability loss only if you used an

claim for credit or refund. It may be

All other forms and schedules from

accrual method of accounting

disallowed if it has material omissions

which a carryback results, such as

throughout the period in which the act

or math errors that are not corrected

Schedule C or F (Form 1040), Form

(or failure to act) occurred. For

3800, General Business Credit, Form

within the 90-day period. If the

details, see section 172(f).

6781, Gains and Losses From

application is disallowed in whole or

in part, no suit challenging the

Section 1256 Contracts and

When To File

disallowance can be brought in any

Straddles, or Form 8586, Low-Income

court. But you can file a regular claim

You must file Form 1045 within 1 year

Housing Credit, and

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for credit or refund before the

after the end of the year in which an

All forms or schedules for items

limitation period expires, as explained

NOL, unused credit, a net section

refigured in the carryback years, such

later under Form 1040X or Other

1256 contracts loss, or claim of right

as Form 3800, Form 6251,

Amended Return.

adjustment arose.

Alternative Minimum Tax —

Individuals, Form 6781, Form 8586,

Be sure to file your 2006

Excessive Allowances

or Form 8844, Empowerment Zone

income tax return no later

and Renewal Community

Any amount applied, credited, or

than the date you file Form

CAUTION

Employment Credit, or Form 8884,

refunded based on this application

1045.

New York Liberty Zone Business

that the IRS later determines to be

If you carry back any portion of an

Employee Credit.

excessive may be billed as if it were

NOL or an unused general business

due to a math or clerical error on the

You must attach copies of all

credit to tax years before the 3 years

return.

required forms listed above,

preceding the 2006 tax year, you may

and complete all lines on

need to use additional Forms 1045.

CAUTION

Form 1040X or Other

Form 1045 that apply to you.

Complete lines 1 through 9 and

Otherwise, your application may be

Schedule A on only one Form 1045.

Amended Return

disallowed.

Use this Form 1045 for the earliest

Individuals can get a refund by filing

preceding tax years. You must sign

Form 1040X, Amended U.S.

Processing the

this Form 1045, but do not need to

Individual Income Tax Return, instead

sign the other Forms 1045.

Application

of Form 1045. An estate or trust can

file an amended Form 1041, U.S.

The IRS will process your application

Where To File

Income Tax Return for Estates and

within 90 days from the later of:

File Form 1045 with the Internal

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Trusts. Generally, you must file an

The date you file the complete

Revenue Service Center for the place

amended return no later than 3 years

application, or

where you live as shown in the

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after the due date of the return for the

The last day of the month that

instructions for your 2006 income tax

applicable tax year.

includes the due date (including

return.

extensions) for filing your 2006

If you use Form 1040X or other

income tax return (or, for a claim of

Do not include Form 1045 in

amended return, follow the

right adjustment, the date of the

the same envelope as your

instructions for that return. Attach to

overpayment under section

2006 income tax return.

the amended return a copy of

CAUTION

1341(b)(1)).

Schedule A of Form 1045 showing

What To Attach

the computation of the NOL and, if

The processing of Form 1045 and

applicable, a copy of Schedule B of

the payment of the requested refund

Attach copies of the following, if

Form 1045 showing the computation

does not mean the IRS has accepted

applicable, to Form 1045 for the year

of the NOL carryover. Complete a

your application as correct. If the IRS

of the loss or credit:

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separate Form 1040X or other

later determines that the claimed

If you are an individual, pages 1

amended return for each year for

deductions or credits are due to an

and 2 of your 2006 Form 1040 and

which you request an adjustment.

overstatement of the value of

Schedules A, D, and J (Form 1040), if

property, negligence, disregard of

applicable,

The procedures for Form 1040X

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rules, or substantial understatement

Any Form 4952, Investment

and Form 1045 are different. The IRS

of income tax, you may have to pay

Interest Expense Deduction, attached

is not required to process your Form

penalties. Any additional tax also will

to your 2006 income tax return,

1040X within 90 days. However, if we

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generate interest compounded daily.

All Schedules K-1 you received

do not process it within 6 months

from partnerships, S corporations,

The IRS may need to contact you

from the date you file it, you can file

estates, or trusts that contribute to the

or your authorized representative (for

suit in court. If the IRS disallows your

carryback,

example, your accountant or tax

claim on Form 1040X and you

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Any application for extension of

return preparer) for more information

disagree with that determination, you

time to file your 2006 income tax

so we can process your application. If

must file suit no later than 2 years

return,

you want to designate a

after the date we disallow it.

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Instructions For Form 1045 - Application For Tentative Refund - 2006 Page 2

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