Form 1118 Schedule H - Use form 1118 to compute a corporation's foreign tax credit for certain taxes paid or accrued to foreign countries or u.s. One of the essential tax forms that corporations with foreign operations should be familiar with is form 1118. Use form 1118 to compute a corporation's foreign tax credit for certain taxes paid or accrued to foreign countries or us. Irs form 1118 states that there are six categories of foreign source income to be reported on schedule h and assigns codes to each.
Use form 1118 to compute a corporation's foreign tax credit for certain taxes paid or accrued to foreign countries or us. One of the essential tax forms that corporations with foreign operations should be familiar with is form 1118. Use form 1118 to compute a corporation's foreign tax credit for certain taxes paid or accrued to foreign countries or u.s. Irs form 1118 states that there are six categories of foreign source income to be reported on schedule h and assigns codes to each.