Foreign Tax Credit                                                                 OMB No. 1545-0121 
Form 1116                                                                      (Individual, Estate, or Trust)
Department of the Treasury                                  Attach to Form 1040, 1040-SR, 1040-NR, 1041, or 990-T.                                                  Attachment2024
Internal Revenue Service                         Go to www.irs.gov/Form1116 for instructions and the latest information.                                            Sequence No. 19 
Name                                                                                                                       Identifying number as shown on page 1 of your tax return

Use a separate Form 1116 for each category of income listed below. See Categories of Income in the instructions. Check only one box on 
each Form 1116. Report all amounts in U.S. dollars except where specified in Part II below. 
a                Section 951A category income          c    Passive category income                   e    Section 901(j) income                      g   Lump-sum distributions
b                Foreign branch category income        d    General category income                   f    Certain income re-sourced by treaty 
h    Resident of (name of country) 
Note: If you paid taxes to only one foreign country or U.S. territory, use column A in Part I and line A in Part II. If you paid taxes to  
more than one foreign country or U.S. territory, use a separate column and line for each country or territory. 
 Part I                Taxable Income or Loss From Sources Outside the United States (for category checked above) 
                                                                                                Foreign Country or U.S. Territory                                   Total 
                                                                                            A                        B                          C         (Add cols. A, B, and C.) 
i                  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): 

                                                                                                                                                          1a
                b  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  .   .   .   . .   .    . .          . .  
Deductions and losses (Caution: See instructions.):                                                                                                  
   2               Expenses definitely related to the income on line 
                   1a (attach statement)     .   . .   .    . .          . .   .
   3               Pro  rata  share  of  other  deductions  not  definitely  
                   related: 
                a  Certain itemized deductions or standard deduction 
                   (see instructions) .  .   .   . .   .    . .          . .   .
                b  Other deductions (attach statement) .      .          . .   .
                c  Add lines 3a and 3b .     .   . .   .    . .          . .   .
                d  Gross foreign source income (see instructions)              .
                e  Gross income from all sources (see instructions)  .
                f  Divide line 3d by line 3e (see instructions)  .         .   .
                g  Multiply line 3c by line 3f  .  .   .    . .          . .   .
   4               Pro rata share of interest expense (see instructions): 
                a  Home  mortgage  interest  (use  the  Worksheet  for 
                   Home Mortgage Interest in the instructions)  .              .
                b  Other interest expense  .     . .   .    . .          . .   .
   5               Losses from foreign sources  .      .    . .          . .   .
   6               Add lines 2, 3g, 4a, 4b, and 5  .   .    . .          . .   .                                                                          6
   7               Subtract line 6 from line 1a. Enter the result here and on line 15, page 2              .    .    .   . .   .       .   .    .   . .   7 
Part II                Foreign Taxes Paid or Accrued (see instructions) 
                   Credit is claimed 
                       for taxes                                                            Foreign taxes paid or accrued 
                  (you must check one) 
                   (j)    Paid                           In foreign currency                                                           In U.S. dollars 
                   (k)    Accrued            Taxes withheld at source on:               (p) Other          Taxes withheld at source on:               (t) Other     (u) Total foreign 
        Country                                                                         foreign taxes                                                foreign taxes  taxes paid or 
                   (l) Date paid         (m) Dividends (n) Rents           (o) Interest paid or        (q) Dividends (r) Rents         (s) Interest   paid or       accrued (add cols. 
                   or accrued                          and royalties                    accrued                      and royalties                    accrued       (q) through     (t)) 
A 
B 
C 
   8               Add lines A through C, column (u). Enter the total here and on line 9, page 2 .                       . .   .       .   .    .   . .   8 
For Paperwork Reduction Act Notice, see instructions.                                                      Cat. No. 11440U                                          Form 1116 (2024) 

Form 1116 (2024)                                                                                                                             Page  2 
Part III Figuring the Credit 
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  .      .   .    . . .            9 
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) . . . .   .  . . .       . .  . .  .       . .   .    . .              10 
   (If  your  income  was  section  951A  category  income  (box  a  above  Part  I), 
   leave line 10 blank.)
11 Add lines 9 and 10  .  . .   .  . . .       . .  . .  .       . .   .    . . .            11 
12 Reduction in foreign taxes (see instructions)  . . .  .       . .   .    . . .            12 (                                  ) 
13 Taxes reclassified under high tax kickout (see instructions)    .   .    . . .            13
14 Combine lines 11, 12, and 13. This is the total amount of foreign taxes available for credit  .    . . . .                        14 
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  .   .  .       . .   .    . . .            15 
16 Adjustments to line 15 (see instructions)   . .  . .  .       . .   .    . . .            16 
17 Combine the amounts on lines 15 and 16. This is your net foreign source 
   taxable income. (If the result is zero or less, you have no foreign tax credit 
   for the category of income you checked above Part I. Skip lines 18 through 
   24. However, if you are filing more than one Form 1116, you must complete 
   line 20.)     . . .  . . .   .  . . .       . .  . .  .       . .   .    . . .            17 
18 Individuals:  Enter the amount from line 15 of your Form 1040, 1040-SR, or 
   1040-NR.  Estates  and  trusts: Enter  your  taxable  income  without  the 
   deduction for your exemption .  . . .       . .  . .  .       . .   .    . . .            18 
   Caution:      If  you  figured  your  tax  using  the  lower  rates  on  qualified  dividends  or  capital  gains,  see 
   instructions. 
19 Divide line 17 by line 18. If line 17 is more than line 18, enter “1”  . . . .          . .  . . . . . . .                        19 
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  . . .  .       . .   .    . . .          . .  . . . . . . .                        20
   Caution:      If you are completing line 20 for separate category g (lump-sum distributions), or, if you file 
   Form 8978, Partner’s Additional Reporting Year Tax, see instructions. 
21 Multiply line 20 by line 19 (maximum amount of credit)  .     . .   .    . . .          . .  . . . . . . .                        21
22 Increase in limitation (section 960(c)) (see instructions)  . . .   .    . . .          . .  . . . . . . .                        22
23 Add lines 21 and 22 .  . .   .  . . .       . .  . .  .       . .   .    . . .          . .  . . . . . . .                        23
24 Enter the     smaller of line 14 or line 23. If this is the only Form 1116 you are filing, skip lines 25 through 
   32 and enter this amount on line 33. Otherwise, complete the appropriate line in Part IV. See instructions                        24
Part IV  Summary of Credits From Separate Parts III (see instructions) 
25 Credit for taxes on section 951A category income   .  .       . .   .    . . .            25
26 Credit for taxes on foreign branch category income  . .       . .   .    . . .            26 
27 Credit for taxes on passive category income  .   . .  .       . .   .    . . .            27 
28 Credit for taxes on general category income  .   . .  .       . .   .    . . .            28 
29 Credit for taxes on section 901(j) income  .  .  . .  .       . .   .    . . .            29 
30 Credit for taxes on certain income re-sourced by treaty .     . .   .    . . .            30
31 Credit for taxes on lump-sum distributions .  .  . .  .       . .   .    . . .            31
32 Add lines 25 through 31  .   .  . . .       . .  . .  .       . .   .    . . .          . .  . . . . . . .                        32
33 Enter the smaller of line 20 or line 32  .  . .  . .  .       . .   .    . . .          . .  . . . . . . .                        33
34 Reduction of credit for international boycott operations. See instructions for line 12  .      . . . . . .                        34
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  .  .          . .  . . . . . . .                        35
                                                                                                                                        Form 1116 (2024)