Foreign Tax Carryover Reconciliation Schedule

• Legal Form Number: 1116 (Schedule B)
• Year: 2022
• Issuer: Treasury Department
• Section: Treasury Department

SCHEDULE B

(Form 1116)

(Rev. December 2022)

Foreign Tax Carryover Reconciliation Schedule

Department of the Treasury

Internal Revenue Service

See separate instructions.

Attach to Form 1116.

Go to www.irs.gov/Form1116 for instructions and the latest information.

OMB No. 1545-0121

For calendar year 20 , or other tax year beginning , 20 , and ending , 20 .

Name Identifying number as shown

on page 1 of your tax return

Use a separate Schedule B (Form 1116) for each applicable category of income listed below. See instructions. Check only one box on each schedule.

Check the box for the same separate category code as that shown on the Form 1116 to which this Schedule B is attached.

aReserved for future use

bForeign branch category income

cPassive category income

dGeneral category income

eSection 901(j) income

fCertain income re-sourced by treaty

gLump-sum distributions

hIf box e is checked, enter the country code for the sanctioned country. See instructions . . . . . . . . . . . . . . . . . . . .

iIf box f is checked, enter the country code for the treaty country. See instructions . . . . . . . . . . . . . . . . . . . . . .

Foreign Tax Carryover

Reconciliation

(i)

10th Preceding

Tax Year

(ii)

9th Preceding

Tax Year

(iii)

8th Preceding

Tax Year

(iv)

7th Preceding

Tax Year

(v)

6th Preceding

Tax Year

(vi)

5th Preceding

Tax Year

(vii)

Subtotal

(add columns (i)

through (vi))

1

Foreign tax carryover from the prior tax

year (enter amounts from the appropriate

columns of line 8 of the prior year

Schedule B (see instructions))

2 Adjustments to line 1 (enter

description—see instructions):

a

Carryback adjustment (see instructions)

b Adjustments for section 905(c)

redeterminations (see instructions)

c

d

e

f

g

3 Adjusted foreign tax carryover from

prior tax year (combine lines 1 and 2)

4 Foreign tax carryover used in current

tax year (enter as a negative number)

5

Foreign tax carryover expired unused

in current tax year (enter as a negative

number)

6 Foreign tax carryover generated in

current tax year

7

Actual or estimated amount of line 6

to be carried back to prior tax year

(enter as a negative number)

8 Foreign tax carryover to the following

tax year. Combine lines 3 through 7. -0-

For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 75186F Schedule B (Form 1116) (Rev. 12-2022)