Form 1139 printing
Form 1139 prints if there's an entry in any of the following fields on the
1139
screen:- Eligible for two-year carry over of net operating lossis marked andNet operating loss (Force)
- Net capital loss (Force)
- Unused general business credit (Force)
- Claim of right adjustment
Form 1139 also prints if the NOL Carryover Worksheet reflects a carryback, or if there's a net capital loss in the current year and a net capital gain exists in one of the preceding tax years.
If capital gains existed in prior years and haven't been offset, a capital loss needs to be carried back before it can be carried forward.
