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International tax M1 salaries? I’m M/HCOL
Which one are you 😂

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International tax M1 salaries? I’m M/HCOL
Which one are you 😂
I just filed a few 1139’s. From my understanding the 1120 had to be filed but not processed before an 1139.
We amended 2017 returns then filed an 1139 and it went through.
I don't think 1139 can be efiled. If it relates to CARES act Section 2303 or 2305 amendments,the IRS will accept a fax
https://www.irs.gov/newsroom/temporary-procedures-to-fax-certain-forms-1139-and-1045-due-to-covid-19
Coach
Why are they waiting for the 1120 to be processed? I don't think there's any reason they need to wait for processing; the 1139 just asks when the tax return showing the NOL was filed. Waiting for it be processed shouldn't change anything about the refund request.
Coach
Form 1139 cannot be e-filed and isn't a "return" per se. There is a statutory deadline of 90 days for the IRS to pay out or deny the claim, so you should know within 90 days of submission.
On a related note, how long is it taking for the 1139 to be processed and refunds received? I’ve got a few clients who have been waiting quite a while.
From what i’ve seen it’s between 1-2 months.