The Academy of Motion Picture Arts and Sciences announced Friday that funnymen Ben Stiller and Jason Bateman will also be presenters at the show on March 7.
It will be a debut performance at the Academy Awards for Borat star Cohen and Arrested Development actor Bateman.
Carell, Fey and Stiller have all handed out Oscars in the past.
The 82nd Academy Awards will air live on ABC from the Kodak Theatre in Hollywood starting at 8 p.m. ET.