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1997 Form[944]

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1997 Form[944]
Form 1045 Application for Tentative Refund

Before you fill in this form, read the separate instructions.

OMB No. 1545-0098







Department of the Treasury

Internal Revenue Service

Do not attach to your income tax return—mail in a separate envelope.

For use by individuals, estates, or trusts.

97

Name (and name of spouse if filing jointly) Social security or employer identification number

Please type or print









Number, street, and apt. or suite no. If you have a P.O. box or a foreign address, see the instructions. Spouse’s social security number





City, town or post office, state, and ZIP code Telephone no. (optional)

( )

a Net operating loss (from Schedule A, page 2, line 25) b Unused general business credit

1 This application is filed to carry back: $ $

2a For the calendar year 1997, or other tax year b Date tax return was filed

beginning , 1997, ending , 19 .



3 If this application is for an unused credit created by another carryback, give year of the first carryback

4 If you filed a joint return (or separate return) for some, but not all, of the tax years involved in figuring the carryback, list the

years and specify whether joint (J) or separate (S) return for each

5 If social security number for carryback year is different from above, enter a SSN and b Year(s)

6 If you changed your accounting period, give date permission to change was granted

7 Have you filed a petition in Tax Court for the year(s) to which the carryback is to be applied? Yes No

8 Does this carryback include a loss or credit from a tax shelter required to be registered? Yes No

9 If you are carrying back a net operating loss, did this cause the release of foreign tax credits or the

release of other credits because of the release of the foreign tax credit? See instructions Yes No

3rd preceding tax 2nd preceding tax 1st preceding tax

Computation of Decrease in Tax year ended year ended year ended



Note: If 1a is blank, skip lines 10 through 16. (a) Before (b) After (c) Before (d) After (e) Before (f) After

carryback carryback carryback carryback carryback carryback



10 Adjusted gross income from tax return

or as previously adjusted

11 Net operating loss deduction after

carryback. See instructions

12 Subtract line 11 from line 10

13 Deductions. See instructions

14 Subtract line 13 from line 12

15 Exemptions

16 Taxable income. Line 14 minus line 15

17 Income tax. See instructions—attach

explanation

18 General business credit

19 Other credits. Identify

20 Total credits. Add lines 18 and 19

21 Subtract line 20 from line 17

22 Recapture taxes

23 Alternative minimum tax

24 Self-employment tax

25 Other taxes

26 Total tax liability. Add lines 21 through 25

27 Enter amount from line 26, cols. (b),

(d), and (f)

28 Decrease in tax. Line 26 minus line 27

29 Overpayment of tax due to a claim of right adjustment under section 1341(b)(1)—attach computation

Sign Under penalties of perjury, I declare that I have examined this application and accompanying schedules and statements, and to the best of my

knowledge and belief, they are true, correct, and complete.

Here Your signature Date

Keep a copy of

this application

for your records. Spouse’s signature (if Form 1045 is filed jointly, BOTH must sign) Date





Name Date

Preparer Other

Than Taxpayer Address



For Paperwork Reduction Act Notice, see page 4 of the instructions. Cat. No. 10670A Form 1045 (1997)

Form 1045 (1997) Page 2

Schedule A—Net Operating Loss (NOL). See instructions.



1 Adjusted gross income from 1997 Form 1040, line 33. Estates and trusts, skip lines 1 and 2 1

2 Deductions (individuals only):

a Enter amount from your 1997 Form 1040, line 35 2a

b Enter your deduction for exemptions from 1997 Form 1040, line 37 2b

c Add lines 2a and 2b 2c ( )

3 Combine lines 1 and 2c. Estates and trusts, enter taxable income 3

Note: If line 3 is zero or more, do not complete rest of schedule. You do not have a net operating loss.

Adjustments:

4 Deduction for exemptions from line 2b above. Estates and trusts, enter

exemption amount from tax return 4

5 Total nonbusiness capital losses before

limitation. Enter as a positive number 5

6 Total nonbusiness capital gains 6

7 If line 5 is more than line 6, enter difference;

otherwise, enter -0- 7

8 If line 6 is more than line 5, enter difference;

otherwise, enter -0- 8

9 Nonbusiness deductions. See instructions 9

10 Nonbusiness income other than capital gains.

See instructions 10

11 Add lines 8 and 10 11

12 If line 9 is more than line 11, enter difference; otherwise, enter -0- 12

13 If line 11 is more than line 9, enter difference;

otherwise, enter -0-. Do not enter more than line 8 13

14 Total business capital losses before limitation. Enter

as a positive number 14

15 Total business capital gains 15

16 Add lines 13 and 15 16

17 If line 14 is more than line 16, enter difference;

otherwise, enter -0- 17

18 Add lines 7 and 17 18



19 Enter the loss, if any, from line 17 of Schedule

D (Form 1040). (Estates and trusts, enter the

loss, if any, from line 16, column (3), of Schedule

D (Form 1041).) Enter as a positive number. If

you do not have a loss on that line, skip lines

19 through 21 and enter on line 22 the amount

from line 18 19

20 Enter the loss from line 18 of Schedule D (Form

1040). (Estates and trusts, enter the loss from

line 17 of Schedule D (Form 1041).) Enter as a

positive number 20

21 Subtract line 20 from line 19 21

22 Subtract line 21 from line 18. If zero or less, enter -0- 22

23 Net operating loss deduction for losses from other years. Enter as a positive

number 23

24 Add lines 4, 12, 22, and 23 24

25 Net operating loss. Combine lines 3 and 24. If the combined amount is less than zero, enter it

here and on page 1, line 1a. If the combined amount is zero or more, you do not have a net

operating loss 25

Form 1045 (1997) Page 3

Schedule B—Net Operating Loss Carryover. See instructions.

Complete one column before going to the (a) 3rd preceding tax (b) 2nd preceding tax (c) 1st preceding tax

next column. year ended year ended year ended



1 Net operating loss deduction. In

column (a), enter as a positive

number the net operating loss from

Schedule A, line 25. In columns (b)

and (c), enter amounts from line 8

below, columns (a) and (b),

respectively



2 Taxable income from tax return (or as

previously adjusted) before 1997

NOL carryback. (For individuals, if

line 37 of Form 1040 is zero, subtract

line 36 (Form 1040) from line 35

(Form 1040), and enter the difference

as a negative number

3 Net capital loss deduction from Sch.

D (Form 1040), line 19, or from Sch.

D (Form 1041), line 18. Enter as a

positive number

4 Adjustments to adjusted gross

income. See instructions

5 Adjustment to itemized deductions.

See instructions

6 Deduction for exemptions from tax

return (or as previously adjusted).

Estates and trusts, enter exemption

amount

7 Modified taxable income. Combine

lines 2 through 6. If zero or less,

enter -0-

8 Net operating loss carryover.

Subtract line 7 from line 1. If zero or

less, enter -0-. See instructions

Adjustment to Itemized

Deductions (Individuals Only)



Complete lines 9 through 33 ONLY if,

for any of the 3 preceding years, you

itemized deductions.



9 Adjusted gross income per return (or

as previously adjusted) before 1997

NOL carryback

10 Add lines 3 and 4 above

11 Modified adjusted gross income. Add

lines 9 and 10

12 Medical expenses from Sch. A (Form

1040), line 1

13 Multiply line 11 by .075

14 Subtract line 13 from line 12. If zero

or less, enter -0-

15 Medical expenses from Sch. A (Form

1040), line 4 (or as previously adjusted)

16 Subtract line 14 from line 15

Form 1045 (1997) Page 4

Schedule B—Net Operating Loss Carryover ( Continued)

Complete one column before going to the (a) 3rd preceding tax (b) 2nd preceding tax (c) 1st preceding tax

next column. year ended year ended year ended



17 Modified adjusted gross income from

line 11

18 Enter as a positive number any NOL

carryback from a year before 1997

that was deducted in figuring line 9

on page 3

19 Add lines 17 and 18

20 Refigure your charitable

contributions using line 19 as your

adjusted gross income. See

instructions

21 Charitable contributions from Sch. A

(Form 1040), line 18

22 Subtract line 20 from line 21

23 Casualty and theft losses from Form

4684, line 16

24 Multiply line 11 by .10

25 Subtract line 24 from line 23. If zero

or less, enter -0-

26 Casualty and theft losses from Form

4684, line 18 (or as previously

adjusted)

27 Subtract line 25 from line 26

28 Miscellaneous itemized deductions

from Sch. A (Form 1040), line 23

29 Multiply line 11 by .02

30 Subtract line 29 from line 28. If zero

or less, enter -0-

31 Miscellaneous itemized deductions

from Sch. A (Form 1040), line 26 (or

as previously adjusted)

32 Subtract line 30 from line 31



33 Combine lines 16, 22, 27, and 32. If

line 11 is more than $111,800 for

1994 ($55,900 if married filing

separately), more than $114,700 for

1995 ($57,350 if married filing

separately), or more than $117,950

for 1996 ($58,975 if married filing

separately), complete the worksheet

on page 4 of the instructions.

Otherwise, enter the amount from

this line on line 5 (page 3)


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