Form 1116

Part I Taxable Income or Loss From Sources Outside the United States (for category checked above)

Rows	A	B	C	Total (Add cols. A, B, and C.)
Enter the name of the foreign country or U.S. territory
1a Gross income from sources within country shown above and of the type checked above (see instructions):
Check if line 1a is compensation for personal services as an employee, your total compensation from all sources is $250,000 or more, and you used an alternative basis to determine its source. See instructions
Expenses definitely related to the income on line 1a (attach statement)
Pro rata share of other deductions not definitely related:
Certain itemized deductions or standard deduction (see instructions)
Other deductions (attach statement)
Add lines 3a and 3b
Gross foreign source income (see instructions)
Gross income from all sources (see instructions)
Divide line 3d by line 3e (see instructions)
Multiply line 3c by line 3f
Pro rata share of interest expense (see instructions):
Home mortgage interest (use the Worksheet for Home Mortgage Interest in the instructions)
Other interest expense
Losses from foreign sources
Add lines 2, 3g, 4a, 4b, and 5

7. Subtract line 6 from line 1a. Enter the result here and on line 15, page 2

9 Enter the amount from line 8. These are your total foreign taxes paid or accrued for the category of income checked above Part I

10 Enter the sum of any carryover of foreign taxes (from Schedule B, line 3, column (xiv)) plus any carrybacks to the current tax year. If you enter an amount on line 10 and you don't need to attach Schedule B, check here (see instructions)

11 Add lines 9 and 10

12 Reduction in foreign taxes (see instructions)

13 Taxes reclassified under high tax kickout (see instructions)

14 Combine lines 11, 12, and 13. This is the total amount of foreign taxes available for credit

15 Enter the amount from line 7. This is your taxable income or (loss) from sources outside the United States (before adjustments) for the category of income checked above Part I. See instructions

16 Adjustments to line 15 (see instructions)

17 Combine the amounts on lines 15 and 16. This is your net foreign source taxable income. (If the result is zero or less, skip line 18 and enter -0- on line 19.)

18 Individuals: Enter the sum of (i) Form 1040, 1040-SR, or 1040-NR, line 11b, minus Form 1040, 1040-SR, or 1040-NR, line 14, and (ii) Schedule 1-A (Form 1040), line 37. Estates and trusts: Enter your taxable income without the deduction for your exemption

19 Divide line 17 by line 18. If line 17 is more than line 18, enter "1"

20 Individuals: Enter the total of Form 1040, 1040-SR, or 1040-NR, line 16, and Schedule 2 (Form 1040), line 1z. Estates and trusts: See instructions

21 Multiply line 20 by line 19 (maximum amount of credit)

22 Increase in limitation (section 960(c)) (see instructions)

23 Add lines 21 and 22

24 Enter the smaller of line 14 or line 23. Enter here and on the appropriate line of Part IV. See instructions

25 Credit for taxes on section 951A category income

26 Credit for taxes on foreign branch category income

27 Credit for taxes on passive category income

28 Credit for taxes on general category income

29 Credit for taxes on section 901(j) income

30 Credit for taxes on certain income re-sourced by treaty

31 Credit for taxes on lump-sum distributions

32 Add lines 25 through 31

33 Enter the smaller of line 20 or line 32

34 Reduction of credit for international boycott operations. See instructions for line 12

35 Subtract line 34 from line 33. This is your foreign tax credit. Enter here and on Schedule 3 (Form 1040), line 1; Form 1041, Schedule G, line 2a; or Form 990-T, Part III, line 1a

Rows	(I) Date paid or accrued	(m) Dividends	(n) Rents and royalties	(o) Interest	Other foregin taxes paid or accured	(q) Dividends	(r) Rents and royalties	(s) Interest	(p) Other foreign taxes paid or accrued In U.S. dollars	(r) Rents and royalties	(s) Interest	(t) Other foreign taxes paid or accrued	(u) Total foreign taxes paid or accrued (add cols. (q) through (t))
A
B
c
8 Add lines A through C, column (u). Enter the total here and on line 9, page 2

Foreign Tax Credit(Individual, Estate, or Trust)

Part I Taxable Income or Loss From Sources Outside the United States (for category checked above)

Part II Foreign Taxes Paid or Accrued (see instructions)

Part III Figuring the Credit

Part IV Summary of Separate Credits From Parts III (Enter amounts from Part III, line 24, for each applicable category of income. Don't include taxes paid to sanctioned countries.) See instructions.