Instructions for IRS Form 1139 Corporation Application for Tentative Refund

IRS Form 1139 Corporation Application for Tentative Refund

This document contains official instructions for IRS Form 1139 , Corporation Application for Tentative Refund - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 1139 is available for download through this link.

FAQ

Q: What is IRS Form 1139?
A: IRS Form 1139 is the Corporation Application for Tentative Refund.

Q: Who should use Form 1139?
A: Corporations should use Form 1139 to apply for a tentative refund of taxes.

Q: What is a tentative refund?
A: A tentative refund is a refund of taxes that a corporation believes it is entitled to, but the IRS has not yet finalized.

Q: What information is required on Form 1139?
A: Form 1139 requires information about the corporation's tax liability, any prior refunds, and certain other details.

Q: How can I file Form 1139?
A: Form 1139 can be filed electronically using the IRS e-file system.

Q: What is the deadline for filing Form 1139?
A: Generally, Form 1139 must be filed within 12 months from the end of the tax year in which the overpayment was generated.

Q: Can amended returns be filed using Form 1139?
A: No, Form 1139 cannot be used to file amended returns. It is only for claiming a tentative refund.

Q: What happens after filing Form 1139?
A: After filing Form 1139, the IRS will review the application and either approve the tentative refund or request additional information.

Q: How long does it take to receive a tentative refund?
A: The time it takes to receive a tentative refund will vary depending on the complexity of the application and the workload of the IRS.

Q: Can Form 1139 be used to claim a refund for payroll taxes?
A: No, Form 1139 cannot be used to claim a refund for payroll taxes. It is specifically for corporate income taxes.