Form IA1139-CAP (42-028) Application for Refund Due to the Carryback of Capital Losses - Iowa

What Is Form IA1139-CAP (42-028)?

This is a legal form that was released by the Iowa Department of Revenue - a government authority operating within Iowa. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form IA1139-CAP?
A: Form IA1139-CAP is the Application for Refund Due to the Carryback of Capital Losses for the state of Iowa.

Q: Who can use Form IA1139-CAP?
A: This form can be used by individuals and corporations who have incurred capital losses and want to apply for a refund.

Q: What is the purpose of Form IA1139-CAP?
A: The purpose of this form is to claim a refund for capital losses that can be carried back to previous tax years.

Q: What information do I need to provide on Form IA1139-CAP?
A: You will need to provide your personal or business information, details of the capital losses, and the tax years to which you want to carry back the losses.

Q: Is there a deadline for submitting Form IA1139-CAP?
A: Yes, you need to submit this form within the prescribed time limit, which is usually within three years from the due date of the original return for the year in which the capital losses were incurred.