9
Form 1118 (Rev. 12-2015)
Page
Schedule F
Schedule G
Reductions of Taxes Paid, Accrued, or Deemed Paid
Gross Income and Definitely Allocable Deductions for Foreign
Branches
Part I - Reduction Amounts
Reduction of Taxes Under Section 901(e)—Attach
A
1. Foreign Country or U.S. Possession (Enter
3. Definitely Allocable
separate schedule
2. Gross Income
two-letter code from Schedule A, column 1.
Deductions
Use a separate line for each.)
Reduction of Foreign Oil and Gas Taxes—Enter
B
amount from Schedule I, Part II, line 4
A
Reduction of Taxes Due to International Boycott Provisions—
C
Enter appropriate portion of Schedule C (Form 5713), line 2b.
B
Important: Enter only “specifically attributable taxes” here.
Reduction of Taxes for Section 6038(c) Penalty—
D
C
Attach separate schedule
E
Taxes suspended under section 909
D
F
Other Reductions of Taxes—Attach schedule(s)
E
Total (add lines A through F). Enter here and on Schedule
F
B, Part II, line 3 .
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Part II - Other Information
Check this box if, during the tax year, the corporation paid or accrued any
foreign tax that was disqualified for credit under section 901(m) .
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Totals (add lines A through F)*
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1118
* Note: The Schedule F totals are not carried over to any other Form 1118 Schedule. (These totals were already included in
Form
(Rev. 12-2015)
Schedule A.) However, the IRS requires the corporation to complete Schedule F under the authority of section 905(b).