Tax Form 1118  
Form 1118 - Foreign Tax Credit—Corporations

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Form 1118

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Foreign Tax Credit—Corporations. Form 1118

Use Form 1118, Foreign Tax Credit—Corporations, to:

--compute a corporation's foreign tax credit for certain taxes paid or accrued to foreign countries or U.S. possessions.

Who Must File

Any corporation that elects the benefits of the foreign tax credit under section 901 must complete and attach Form 1118 to its income tax return.


From Fedforms.Gov:
"Corporations use Form 1118 with their income tax returns to compute the foreign tax credit claimed for the amount of certain taxes paid or accrued to foreign countries or U.S. possessions."


DOWNLOAD Form 1118

This form may be downloaded directly from the IRS website. To open or download, in PDF format, simply click on the link below:

Form 1118

 



 

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