Get Alberta Loss Carry-back Application - Alberta Finance And Enterprise - Finance Alberta

The Alberta Loss Carry-back Application is a crucial form for corporations seeking to carry back losses to prior taxation years. This guide provides step-by-step instructions to help users complete the application accurately and efficiently.

Follow the steps to fill out your Alberta Loss Carry-back Application online.

1. Click the ‘Get Form’ button to access the Alberta Loss Carry-back Application and open it in your chosen digital platform.
2. Begin by entering the corporation name in the designated field. This is essential for identification purposes.
3. Input the current taxation year ending date in the provided format to specify which tax year you are applying for.
4. Enter the Alberta corporate account number, ensuring it is either 9 or 10 digits long. This number connects your application to your corporate tax file.
5. Indicate whether the monetary amounts are reported in a functional currency other than Canadian dollars by checking ‘Yes’ or ‘No.’ Make sure all amounts are reported in whole dollars; do not include cents.
6. Report the amount of current year loss available for carry-back. Specify the type of loss, choosing from non-capital loss, capital loss, farm loss, restricted farm loss, or listed personal property.
7. For each previous taxation year, provide the ending dates and apply the losses accordingly. Ensure that you calculate the total loss carried back accurately.
8. Complete the applicant identification section by providing the contact person's information, including their telephone number and fax number. Be certain to indicate a mailing address for the notice of reassessment.
9. In the certification section, the authorized signing officer must print their name, position, and provide a signature along with the date. This certifies the information is accurate.
10. After reviewing the completed form for accuracy, save your changes. You may also choose to download, print, or share the application as needed.

Ensure your losses are properly documented by completing your Alberta Loss Carry-back Application online today.