Tax Form 1118k Fill in and Calculate Online

Form 1118k: Foreign Tax Carryover Reconciliation Schedule

Use Tax Form 1118k: Foreign Tax Carryover Reconciliation Schedule as a stand alone tax form calculator to quickly calculate specific amounts for your 2025 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.

Foreign Tax Carryover Reconciliation Schedule
Use a separate Schedule I (Form 1118) for each applicable category of income listed below. Check only one box on each schedule.
Passive Category Income			Section 901(j) Income: Name of Sanctioned Country ▸
General Category Income			Income Re-sourced by Treaty: Name of Country ▸
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 K (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.
Foreign Tax Carryover Reconciliation (continued)		(viii) Subtotal from page 1 (enter the amounts from column (vii) on page 1)	(ix) 4th Preceding Tax Year	(x) 3rd Preceding Tax Year	(xi) 2nd Preceding Tax Year	(xii) 1st Preceding Tax Year	(xiii) Current Tax Year	(xiv) Totals (add columns (viii) through (xiii))
1	Foreign tax carryover from the prior tax year (enter amounts from the appropriate columns of line 8 of the prior year Schedule K (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). Include the column (xiv) total on the current year Form 1118, Schedule B, Part II, line 5.
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.

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