Form 1118 - Foreign Tax Credit-Corporations Page 3
Download a blank fillable Form 1118 - Foreign Tax Credit-Corporations in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 1118 - Foreign Tax Credit-Corporations with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
113
Form 1118 (Rev. 12-2015)
Page
Schedule C
Tax Deemed Paid by Domestic Corporation Filing Return
Use this schedule to figure the tax deemed paid by the corporation with respect to dividends from a first-tier foreign corporation under section 902(a), and deemed
inclusions of earnings from a first- or lower-tier foreign corporation under section 960(a). Report all amounts in U.S. dollars unless otherwise specified.
Part I—Dividends and Deemed Inclusions From Post-1986 Undistributed Earnings
6. Foreign Taxes Paid and Deemed Paid for Tax
4. Post-1986
Year Indicated
3. Country of
5. Opening Balance
1a. Name of Foreign Corporation
1b. EIN (if any) of
1c. Reference ID
2. Tax Year End
Undistributed
Incorporation (enter
in Post-1986
(identify DISCs and
the foreign
number
(Yr-Mo) (see
Earnings (in
country code - see
Foreign Income
former DISCs)
corporation
(see instructions)
instructions)
functional currency
(b) Taxes Deemed Paid
instructions)
Taxes
(a) Taxes Paid
—attach schedule)
(see instructions)
8. Dividends and
7. Post-1986 Foreign Income
Deemed Inclusions
9. Divide column 8(a) by
10. Multiply column 7
12. Tax Deemed Paid (subtract
Taxes (add columns 5,
11. Section 960(c) Limitation
column 4
by column 9
column 11 from column 10)
6(a), and 6(b))
(a) Functional Currency
(b) U.S. Dollars
Total (Add amounts in column 12. Enter the result here and include on “Totals” line of Schedule B, Part I, column 3.)
.
.
.
.
.
.
.
.
.
.
.
.
.
▶
1118
Form
(Rev. 12-2015)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial