Cheri is a calendar-year taxpayer who sustained a non-farm net operating loss in 2019. Under the CARES Act, which is FALSE?

Cheri may carry the loss back five years to her 2014 return using Form 1045 or Form 1040-X.

Cheri may waive the carryback period by attaching a statement to her timely-filed 2020 return.

Cheris NOL is not subject to the taxable income limitation if it is carried back to a tax year prior to 2021.

The IRS is temporarily accepting Form 1040-X submissions by fax.