Form 1116 is used to claim the Foreign Tax Credit for individuals, estates, or trusts. It is attached to Form 1040, 1040NR, 1041, or 990-T. The form requires separate submissions for each category of income and reports amounts in U.S. dollars. It includes sections for taxable income or loss from sources outside the U.S., foreign taxes paid or accrued, and figuring the credit.
documents/EFTA01222609.pdf
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