Generating Form 1139, Application For Tentative Refund, for a 1120 return in ProConnect Tax

Steps to carry back a NOL for a tentative refund

1. Go to Input Return ⮕ Miscellaneous Forms ⮕ Tentative Refund (1139).
2. Select the Federal Tentative Refund (1139) tab.
3. Scroll down to the Carryback Information section.
4. Enter the Amount of Carryback to print on Form 1139.
5. In the Sections list, select Computation of Decrease in Tax.
6. In the As Originally Reported (Before Carryback) and After Carryback sections, enter any other information.