Instructions for IRS Form 1045 Application for Tentative Refund

IRS Form 1045 Application for Tentative Refund

This document contains official instructions for IRS Form 1045 , 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 1045 is available for download through this link.

FAQ

Q: What is IRS Form 1045?
A: IRS Form 1045 is the Application for Tentative Refund.

Q: What is the purpose of IRS Form 1045?
A: The purpose of IRS Form 1045 is to apply for a tentative refund of certain taxes.

Q: Who should use IRS Form 1045?
A: Individuals, estates, and trusts who want to claim a refund for certain taxes should use IRS Form 1045.

Q: What types of taxes can be claimed on IRS Form 1045?
A: IRS Form 1045 can be used to claim a refund for net operating loss carrybacks, general business credits, or certain other tax credits.

Q: Is there a deadline to file IRS Form 1045?
A: Yes, IRS Form 1045 should be filed within one year of the end of the tax year in which the loss, credit, or deduction is generated.

Q: Are there any fees to file IRS Form 1045?
A: No, there are no fees to file IRS Form 1045.

Q: Can IRS Form 1045 be filed electronically?
A: Yes, IRS Form 1045 can be filed electronically through the IRS e-file system.

Q: What supporting documentation is required with IRS Form 1045?
A: Supporting documentation, such as tax returns, schedules, and worksheets, should be attached to IRS Form 1045 when filing.

Q: How long does it take to process IRS Form 1045?
A: The processing time for IRS Form 1045 varies, but it typically takes around 6 to 8 weeks.