SCHEDULE B                                            Foreign Tax Carryover Reconciliation Schedule
(Form 1116)
                             For calendar year 20     , or other tax year beginning               , 20        , and ending                  , 20     .         OMB No. 1545-0121
(December 2021)                                                             ▶ See separate instructions. 
Department of the Treasury                                                       ▶ Attach to Form 1116. 
Internal Revenue Service                              ▶ Go to www.irs.gov/Form1116 for instructions and the latest information.
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.
a    Reserved for future use               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 If box e is checked, enter the country code for the sanctioned country. See instructions      . .     . . . .    .    . . .  .  .   . .   . .  . .    ▶
i If box f is checked, enter the country code for the treaty country. See instructions  .     . . .     . . . .    .    . . .  .  .   . .   . .  . .    ▶
     Foreign Tax Carryover                        (i)                  (ii)             (iii)                 (iv)                (v)                (vi)           (vii) 
                                           10th Preceding          9th Preceding    8th Preceding         7th Preceding       6th Preceding      5th Preceding      Subtotal 
         Reconciliation                    Tax Year                Tax Year           Tax Year              Tax Year           Tax Year            Tax Year         (add columns (i) 
                                                                                                                                                                    through (vi))
1 Foreign tax carryover from the prior 
  tax year (enter amounts from the 
  appropriate columns of line 6 of the 
  worksheet in the 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) (12-2021)

Schedule B (Form 1116) (12-2021)                                                                                                            Page  2 
                                                   (viii) 
  Foreign Tax Carryover                     Subtotal from page 1        (ix)          (x)           (xi)          (xii)     (xiii)   (xiv) 
  Reconciliation (continued)                (enter the amounts from 4th Preceding 3rd Preceding 2nd Preceding 1st Preceding Current  Totals 
                                            column (vii) on page 1) Tax Year      Tax Year      Tax Year      Tax Year      Tax Year (add columns (viii) 
                                                                                                                                     through (xiii))
1 Foreign tax carryover from the prior 
  tax year (enter amounts from the 
  appropriate columns of line 6 of the 
  worksheet in the 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 1116, Part III, line 10.
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.
                                                                                                                                  Schedule B (Form 1116) (12-2021)