Foreign Tax Credit—Corporations                                                                                         OMB No. 1545-0123
Form 1118                                                                               ▶ Attach to the corporation’s tax return. 
(Rev. December 2021)                                               ▶ Go to www.irs.gov/Form1118 for instructions and the latest information.                                                          Attachment 
Department of the Treasury        For calendar year 20             , or other tax year beginning                             ,  20            , and ending                             ,  20          Sequence No.  118
Internal Revenue Service 
Name of corporation                                                                                                                                                                             Employer identification number

Use a separate Form 1118 for each applicable category of income (see instructions).
 a    Separate Category (Enter code—see instructions.)  .                  .  .    .  .    .  . .       .   .  . .    .   .  .  .     .    .   .  . .   .  .      .    . . .      . .   .       .   ▶
 b    If code 901j is entered on line a, enter the country code for the sanctioned country (see instructions)  .                               .  . .   .  .      .    . . .      .  .  .       .   ▶
 c    If one of the RBT codes is entered on line a, enter the country code for the treaty country (see instructions)  .                             .   .  .      .    . . .      .  .  .       .   ▶
 Schedule A              Income or (Loss) Before Adjustments (Report all amounts in U.S. dollars. See Specific Instructions.)
                                                                           2. Foreign Country or                             Gross Income or (Loss) From Sources Outside the United States
                     1. EIN or Reference ID Number                            U.S. Possession                 3. Inclusions Under Sections 951(a)(1) and 951A 
                                  (see instructions)*                      (enter two-letter code—                          (see instructions)                                 4. Dividends                5. Interest
                                                                           use a separate line for                                                                         (see instructions)
                                                                           each) (see instructions)       (a) Exclude Gross-Up          (b) Gross-Up (section 78)                                                    
 A
 B
 C
 Totals (add lines A through C)  .        . .  .      .  .   . .   . .     .  .    .  .    .   ▶
      6. Gross Rents, Royalties,               7. Sales                  8. Gross Income From               9. Currency Gain               10. Currency Gain Code                 11. Other                12. Total 
        and License Fees                                             Performance of Services                                                  (see instructions)           (attach schedule)              (add columns 3(a) 
                                                                                                                                                                                                          through 9 and 11)
 A
 B
 C
Totals
                                                                                                        13. Allocable Deductions
            (a) Dividends             (b) Deduction Allowed Under    (c) Deduction Allowed Under                 Rental, Royalty, and Licensing Expenses                                              (g) Expenses Allocable 
        Received Deduction            Section 250(a)(1)(A)—Foreign   Section 250(a)(1)(B)—Global        (d) Depreciation, Depletion,          (e) Other Allocable          (f) Expenses     Allocable to Gross Income         From 
           (see instructions)         Derived Intangible     IncomeIntangible Low-Taxed     Income          and Amortization                      Expenses                     to Sales Income        Performance of Services
 A
 B
 C
Totals
                                      13. Allocable Deductions (continued)                                         14. Apportioned Share 
                                                                                                                          of Deductions 
                                                                                                                      (enter amount from                                       16. Total Deductions   17. Total Income or (Loss) 
                                                               (j) Other Allocable         (k) Total Allocable        applicable line of            15. Net Operating          (add columns 13(k)     Before Adjustments 
        (h) Currency Loss         (i) Currency Loss Code           Deductions                 Deductions              Schedule     H, Part I,       Loss Deduction                  through     15)   (subtract column        16 
                                      (see instructions)       (attach schedule)           (add columns 13(a)             column (b), and                                                                 from column 12)
                                                               (see instructions)     through 13(h) and 13(j))        Schedule H, Part II, 
                                                                                                                          column (d))
 A
 B
 C
Totals
*For  section 863(b) income, NOLs, income from RICs, high-taxed income, section 951A, and reattribution of income by reason of disregarded payments, use a single line (see instructions). Also, for 
reporting branches that are QBUs, use a separate line for each such branch.
For Paperwork Reduction Act Notice, see separate instructions.                                                                  Cat. No. 10900F                                                       Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                                           Page 2 
Schedule B               Foreign Tax Credit (Report all foreign tax amounts in U.S. dollars.)
Part I—Foreign Taxes Paid, Accrued, and Deemed Paid (see instructions)
        1. Credit Is Claimed for Taxes                                    2. Foreign Taxes Paid or Accrued (attach schedule showing amounts in foreign currency and conversion rate(s) used)
                   (check one):                                             Tax Withheld at Source on:
        Paid                    Accrued
                                                                              (b) Distributions of 
                                              (a) Dividends                   Previously Taxed             (c) Branch Remittances           (d) Interest            (e) Rents, Royalties,                 (f) Other
        Date Paid            Date Accrued                                    Earnings and     Profits                                                                    and License     Fees                      
A
B
C
Totals (add lines A through C)      .   ▶
                         2. Foreign Taxes Paid or Accrued (attach schedule showing amounts in foreign currency and conversion rate(s) used) (continued)
                                  Other Foreign Taxes Paid or Accrued on:                                                                                                                       3. Tax Deemed Paid 
                                                                                                                                  (j) Total Foreign Taxes Paid or Accrued                       (see instructions)
                   (g) Sales                       (h) Services Income                                 (i) Other                      (add columns 2(a)     through 2(i))                                 
A
B
C
Totals
Part II—Separate Foreign Tax Credit (Complete a separate Part II for each applicable category of income.)
1a      Total foreign taxes paid or accrued (total from Part I, column 2(j))          .       . .    . .   .   . . .    . . .     .   .     .  . .       1a
      b Foreign taxes paid or accrued by the corporation during prior tax years that were suspended due to the rules of
        section 909 and for which the related income is taken into account by the corporation during the current tax year 
        (see instructions)  .     . .  .  . . .    .   . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .       1b
2       Total taxes deemed paid (total from Part I, column 3)             . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .       2
3       Reductions of taxes paid, accrued, or deemed paid (enter total from Schedule G, Part I)  .                 .    . . .     .   .     .  . .       3    (                                )
4       Taxes reclassified under high-tax kickout  .     .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .       4 
5       Enter the sum of any carryover of foreign taxes (from Schedule K, line 3, column (xiv), and from Schedule I, Part III, 
        line 3) plus any carrybacks to the current tax year       .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .       5
6       Total foreign taxes (combine lines 1a through 5)  .       .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      6
7       Enter the amount from the applicable column of Schedule J, Part I, line 11 (see instructions). If Schedule J is                        not required to be completed, 
        enter the result from the “Totals” line of column 17 of the applicable Schedule A  .                   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      7
8a      Total taxable income from all sources (enter taxable income from the corporation’s tax return)  .                 . .     .   .     .  . .       8a
      b Adjustments to line 8a (see instructions) .    . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .       8b
      c Subtract line 8b from line 8a     . . .    .   . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      8c
9       Divide line 7 by line 8c. Enter the resulting fraction as a decimal (see instructions). If line 7 is greater than line 8c, enter 1  .                 .   .      . . . .         .      9
10      Total U.S. income tax against which credit is allowed (regular tax liability (see section 26(b)) minus any American Samoa economic development 
        credit)  . .   . .   .    . .  .  . . .    .   . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      10
11      Multiply line 9 by line 10  .  .  . . .    .   . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      11
12      Increase in limitation (section 960(c))  . .   . .      . .       . . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      12
13      Credit limitation (add lines 11 and 12) (see instructions) .        . .   .   .       . .    . .   .   . . .    . . .     .   .     .  . .     .    . .   .      . . . .         .      13
14      Separate foreign tax credit (enter the smaller of line 6 or line 13). Enter here and on the appropriate line of Part III  .                    .    . .   .      . . . .  ▶             14
                                                                                                                                                                                                   Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                                            Page 3 
Schedule B               Foreign Tax Credit (Report all foreign tax amounts in U.S. dollars.) (continued) 
Part III—Summary of Separate Credits (Enter amounts from Part II, line 14, for each applicable category of income. Do not include taxes paid to sanctioned countries.)
1     Credit for taxes on section 951A category income                   . .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . .    1
2     Credit for taxes on foreign branch category income  .                .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . .    2
3     Credit for taxes on passive category income  .                  .  . .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . .    3
4     Credit for taxes on general category income  .                  .  . .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . .    4
5     Credit for taxes on section 901(j) category income (combine all such credits on this line)  .                       .   .    . .     . . .         . .    5
6     Credit for taxes on income re-sourced by treaty (combine all such credits on this line)                     .       .   .    . .     . . .         . .    6
7     Total (add lines 1 through 6) .          . . .     .    .     . .  . .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . . .  .  .   . .     .   .  .  .      7
8     Reduction in credit for international boycott operations (see instructions)  .                .    . . .    .       .   .    . .     . . .         . . .  .  .   . .     .   .  .  .      8
9     Total foreign tax credit (subtract line 8 from line 7). Enter here and on the appropriate line of the corporation’s tax return                               .   . .     .   .  .  ▶      9
Schedule C               Tax Deemed Paid With Respect to Section 951(a)(1) Inclusions by Domestic Corporation Filing Return (Section 960(a))
                         Use this schedule to report the tax deemed paid by the corporation with respect to section 951(a)(1) inclusions of earnings from foreign corporations under 
                         section 960(a). For each line in Schedule C, include the column 10 amount in column 3 of the line in Schedule B, Part I, that corresponds with the identifying 
                         number specified in column 1 of Schedule A and that also corresponds with the identifying number entered in column 1b of this Schedule C (see instructions).
                                                                                           1b. EIN or Reference ID Number of the Foreign Corporation 
                         1a. Name of Foreign Corporation                                                   (see instructions)                                            1c. QBU Reference ID (if applicable)

          2. Tax Year End            3. Country of Incorporation      4. Functional Currency                                                       5. Subpart F Income Group
          (Year/Month)                  (enter country code—          of Foreign Corporation        (a) Reg. sec.                    (b) Reg. sec. 
         (see instructions)             see instructions)                (enter code—             1.960-1(d)(2)(ii)(B)(2)          1.904-4(c)(3)(i)-(iv)                                (c) Unit
                                                                         see instructions)          (enter code)                     (enter code)

      6. Total Net Income in            7. Total Current Year Taxes in     8. Section 951(a)(1) Inclusion Attributable to Subpart F Income Group                                                10. Tax Deemed Paid 
  Subpart F Income Group                Subpart F Income Group                                                                                               9. Divide Column 8(a)               (multiply column 7 
      (in functional     currency              (in U.S.     dollars)             (a) Functional Currency                  (b) U.S. Dollars                      by Column     6                     by column     9)
      of foreign corporation)

Total (add amounts in column 10) .             . . .     .    .     . .  . .     .   .    . .   . . .    . . .    .       .   .    . .     . . .         . . .  .  .   . .     .   .  ▶
                                                                                                                                                                                                  Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                                         Page 4
Schedule D               Tax Deemed Paid With Respect to Section 951A Income by Domestic Corporation Filing the Return (Section 960(d))
                         Use this schedule to figure the tax deemed paid by the corporation with respect to section 951A inclusions of earnings from foreign corporations under 
                         section 960(d). 
Part I—Foreign Corporation’s Tested Income and Foreign Taxes
                                                                                                                                                                           3. Country of      4. Functional 
                                                                                               1b. EIN or Reference ID Number                         2. Tax Year End      Incorporation      Currency of 
                         1a. Name of Foreign Corporation                                       of the Foreign Corporation                             (Year/Month)         (enter country        Foreign 
                                                                                                   (see instructions)                                 (see instructions)   code—see           Corporation     
                                                                                                                                                                           instructions)      (enter code)

5. Pro Rata Share of CFC’s Tested Income       6. CFC’s Tested Income                       7. Divide Column 5                8. CFC’s Tested Foreign Income Taxes      9. Pro Rata Share of Tested Foreign Income 
From Applicable Form 8992 Schedule         From Applicable Form 8992 Schedule                  by Column 6                       From Schedule Q (Form 5471)               Taxes Paid or Accrued by CFC 
        (see instructions)                        (see instructions)                                                                 (see instructions)                    (multiply column 7 by column 8)

                                         ▶
                                           Total (add amounts in column 5)
Total (add amounts in column 9)          . . .  . .      . . . .     . . .    . .     .   . .  .   . .     .   .  .   . .     .  . . . .       .      .  . . .      ▶
Part II—Foreign Income Tax Deemed Paid
                                                                                                                                                                           4. Tax Deemed Paid 
     1. Global Intangible Low-Taxed Income                   2. Inclusion Percentage.                          3. Multiply Part I, Column 9 Total, by                (Multiply Part II, column 3, by 80% (0.80). 
        (section 951A inclusion)                             Divide Part II, Column 1, by                         Part II, Column 2 Percentage                 Enter the result here and include on the line of    
                                                               Part I, Column 5 Total                                                                        Schedule B, Part I, column 3, that corresponds with 
                                                                                                                                                             the line with “951A” in column 2 of Schedule A.)

                                                                                                                                                                              Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                        Page 5
Schedule E               Tax Deemed Paid With Respect to Previously Taxed Earnings and Profits (PTEP) by Domestic Corporation Filing the Return  
                         (Section 960(b))
Part I—Tax Deemed Paid by Domestic Corporation
Use this part to report the tax deemed paid by the domestic corporation with respect to distributions of PTEP from first-tier foreign corporations under section 960(b). For each line 
in Schedule E, Part I, include the column 11 amount in column 3 of the line in Schedule B, Part I, that corresponds with the identifying number specified in column 1 of Schedule A 
and that also corresponds with the identifying number specified in column 1b of this Schedule E, Part I (see instructions).
                                                                                                                                           3. Country of 
                                                                1b. EIN or Reference ID Number                         2. Tax Year End     Incorporation  4. Functional Currency 5. PTEP      6. Annual 
     1a. Name of Distributing Foreign Corporation               of the Foreign Corporation                               (Year/Month)      (enter country   of the Distributing  Group        PTEP Account  
                                                                              (see instructions)                       (see instructions)    code—see       Foreign Corporation  (enter code) (enter year)
                                                                                                                                           instructions)

                                                                                                                                                                    11. Foreign Income Taxes 
7. Total Amount of PTEP in the PTEP Group 8. Total Amount of the PTEP Group        9. Distribution From the PTEP Group                10. Divide Column 9           Properly Attributable to PTEP and 
     Within an Annual PTEP Account        Taxes With Respect to PTEP Group           Within an Annual PTEP Account                        by Column 7               Not Previously Deemed Paid 
                                            Within an Annual PTEP Account                                                                                           (multiply column 8 by column 10)

Total (add amounts in column 11)  .       . .     . . . . . . . .           . .    .  . . .      . . . . . .           . .  . . .        . .  . .     .   . .  ▶
                                                                                                                                                                                 Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                      Page 6
Schedule E               Tax Deemed Paid With Respect to Previously Taxed Earnings and Profits (PTEP) by Domestic Corporation Filing the Return     
                         (Section 960(b)) (continued)
Part II—Tax Deemed Paid by First- and Lower-Tier Foreign Corporations
Use this part to report the tax deemed paid by a foreign corporation with respect to distributions of PTEP from lower-tier foreign corporations under section 960(b) that relate to 
distributions reported in Part I (see instructions). 
                                                                                                                                                                                 3. Country of 
                         1a. Name of Distributing Foreign Corporation                        1b. EIN or Reference ID Number of the Foreign Corporation     2. Tax Year End       Incorporation 
                                                                                                              (see instructions)                           (Year/Month)          (enter country 
                                                                                                                                                           (see instructions)        code—see 
                                                                                                                                                                                 instructions)

                                                                                                                                                                                 6. Country of 
                         4a. Name of Recipient Foreign Corporation                           4b. EIN or Reference ID Number of the Foreign Corporation     5. Tax Year End       Incorporation 
                                                                                                              (see instructions)                           (Year/Month)          (enter country 
                                                                                                                                                           (see instructions)        code—see 
                                                                                                                                                                                 instructions)

7. Functional Currency       8. PTEP Group 9. Annual PTEP             10. Total Amount of    11. Total Amount of                                                            14. Foreign Income Taxes 
                                                                                                                                                                             Properly Attributable 
  of the Distributing        (enter code)            Account          PTEP in the PTEP Group the PTEP Group Taxes                                      13. Divide Column 12     to PTEP and Not 
Foreign Corporation                                  (enter year)     Within an Annual       With Respect to PTEP Group 12. PTEP Distributed               by Column 10     Previously Deemed Paid 
                                                                      PTEP Account           Within an Annual                                                                 (multiply column 11 
                                                                                                 PTEP Account                                                                    by column 13)

                                                                                                                                                                            Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                      Page 7
Schedule F               Reserved
Schedule G               Reductions of Taxes Paid, Accrued, or Deemed Paid
Part I—Reduction Amounts
A     Reduction of taxes under section 901(e)—Attach separate schedule .       . . . . . .    . . . . . . . . . . . . . . . .              .           A
B     Reduction of foreign oil and gas taxes—Enter amount from Schedule I, Part II, line 4  . . . . . . . . . . . . . . . . .              .           B
C     Reduction of taxes due to international boycott provisions—Enter appropriate portion from Schedule C (Form 5713) (see instructions). 
      Important: Enter only “specifically attributable taxes” here  . . .    . . . . . . .    . . . . . . . . . . . . . . . .              .           C
D     Reduction of taxes for section 6038(c) penalty—Attach separate schedule      . . . .    . . . . . . . . . . . . . . . .              .           D
E     Taxes suspended under section 909  .    .  . . .    .  .    .   . .    . . . . . . .    . . . . . . . . . . . . . . . .              .           E
F     Reduction for disallowed taxes under section 965(g)  . .    .   . .    . . . . . . .    . . . . . . . . . . . . . . . .              .           F
G     Reduction for disallowed taxes under section 245A  .   .    .   . .    . . . . . . .    . . . . . . . . . . . . . . . .              .           G
H     Other reductions in taxes (attach schedule—see instructions)  .   .    . . . . . . .    . . . . . . . . . . . . . . . .              .           H

Total (add lines A through H). Enter here and on Schedule B, Part II, line 3 . . . . . . .    . . . . . . . . . . . . . . . .              . .  ▶
Part II—Other Information
I     Check this box if, during the tax year, the corporation paid or accrued any foreign tax that was disqualified for credit under section 901(m)  . . .         . . .  . . .  ▶
J     Check this box if, during the tax year, the corporation paid or accrued any foreign tax that was disqualified for credit under section 901(j), (k), or (l) . . . .  . . .  ▶
                                                                                                                                                                     Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                   Page 8
Schedule H               Apportionment of Certain Deductions (Complete only once for all categories of income.)
Part I—Research and Experimental Deductions
                                                                                             (a) Gross Receipts Method                                 (b) Total 
                                                                                                                                                   R&E Deductions 
                                                                 Product Line #1 (SIC Code:        )         Product Line #2 (SIC Code:         )  (enter the sum of all 
                                                                                                                                                   amounts entered in 
                                                                                                                                                       Deductions” 
                                                             (i) Gross Intangible (ii) Gross (iii) R&E  (iv) Gross Intangible (v) Gross (vi) R&E   all applicable     “R&E 
                                                                 Income           Receipts   Deductions      Income           Receipts  Deductions     columns).
1 Total (see instructions)     . . . . . .   . . .  .  .
2 Exclusive apportionment (50%) to either:
a U.S. source gross intangible income, or  . . . .  .  .
b Foreign source gross intangible income  .  . . .  .  .
3 Remaining  R&E  deductions  to  be  apportioned  (line  1 
  minus line 2a or line 2b)  .   . . . . .   . . .  .  .
4 U.S. source gross intangible income/related gross 
  receipts/allocated and apportioned R&E deductions
a Gross intangible income/Taxpayer’s gross receipts  . .
b Gross intangible income/Controlled parties’ gross receipts
c Gross  intangible  income/Uncontrolled  parties’  gross 
  receipts  .  .         . . . . . . . . .   . . .  .  .
d Total line 4 .         . . . . . . . . .   . . .  .  .
5 Total foreign source gross intangible income/related 
  gross receipts/allocated and apportioned R&E deductions
a Gross intangible income/Taxpayer’s gross receipts  . .
b Gross intangible income/Controlled parties’ gross receipts
c Gross  intangible  income/Uncontrolled  parties’  gross 
  receipts  .  .         . . . . . . . . .   . . .  .  .
d Total line 5  .        . . . . . . . . .   . . .  .  .
Important: See Computer-Generated Schedule H in the instructions. 
                                                                                                                                             Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                   Page 9
Schedule H               Apportionment of Certain Deductions (Complete only once for all categories of income.) (continued)
Part I—Research and Experimental Deductions (continued)
                                                                                                     (a) Gross Receipts Method                                         (b) Total 
                                                                                                                                                                   R&E Deductions 
                                                                         Product Line #1 (SIC Code:        )         Product Line #2 (SIC Code:               )    (enter the sum of all 
                                                                                                                                                                   amounts entered in 
                                                                                                                                                                       Deductions” 
                                                                     (i) Gross Intangible (ii) Gross (iii) R&E  (iv) Gross Intangible (v) Gross (vi) R&E           all applicable     “R&E 
                                                                         Income           Receipts   Deductions      Income           Receipts  Deductions             columns).
6    Foreign source gross intangible income/related gross 
     receipts/allocated and apportioned R&E deductions
a    Enter code
     (1) Gross intangible income/Taxpayer’s gross receipts  .
     (2) Gross intangible income/Controlled parties’ gross receipts
     (3) Gross intangible income/Uncontrolled parties’ gross receipts
     (4) Add lines 6a(1), 6a(2), and 6a(3) .  . . . . .   .
     (5) Amount of line 3 R&E deductions apportioned to this 
        separate category  . .   . . .     .  . . . . .   .
     (6) Amount of line 2b R&E deductions apportioned to this 
        separate category  . .   . . .     .  . . . . .   .
     (7) Total R&E deductions for this separate category. Add 
        lines 6a(5) and 6a(6)  . . . .     .  . . . . .   .
b    Enter code
     (1) Gross intangible income/Taxpayer’s gross receipts  .
     (2) Gross intangible income/Controlled parties’ gross receipts
     (3) Gross intangible income/Uncontrolled parties’ gross receipts
     (4) Add lines 6b(1), 6b(2), and 6b(3)  . . . . . .   .
     (5) Amount of line 3 R&E deductions apportioned to this 
        separate category  . .   . . .     .  . . . . .   .
     (6) Amount of line 2b R&E deductions apportioned to this 
        separate category  . .   . . .     .  . . . . .   .
     (7) Total R&E deductions for this separate category. Add 
        lines 6b(5) and 6b(6)  . . . .     .  . . . . .   .

Note: Include the amount from column (b) of line 6a(7) in column 14 of the Schedule A that corresponds with the code entered on line 6a. If applicable, you should likewise include 
the amount from column (b) of line 6b(7) in column 14 of the Schedule A that corresponds with the code entered on line 6b. On page 10, you should likewise include the amount(s) 
from column (b) of lines 6c(7), 6d(7), and 6e(7) in column 14 of the Schedule A that corresponds with the code entered on lines 6c, 6d, and 6e, respectively. 

Important: See Computer-Generated Schedule H in the instructions. 
                                                                                                                                                              Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                          Page 10
Schedule H               Apportionment of Certain Deductions (Complete only once for all categories of income.) (continued)
Part I—Research and Experimental Deductions (continued)
                                                                                                    (a) Gross Receipts Method                                 (b) Total 
                                                                                                                                                          R&E Deductions 
                                                                        Product Line #1 (SIC Code:        )         Product Line #2 (SIC Code:         )  (enter the sum of all 
                                                                                                                                                          amounts entered in 
                                                                                                                                                              Deductions” 
                                                                    (i) Gross Intangible (ii) Gross (iii) R&E  (iv) Gross Intangible (v) Gross (vi) R&E   all applicable     “R&E 
                                                                        Income           Receipts   Deductions      Income           Receipts  Deductions     columns).
c Enter code
  (1) Gross intangible income/Taxpayer’s gross receipts  .
  (2) Gross intangible income/Controlled parties’ gross receipts
  (3) Gross intangible income/Uncontrolled parties’ gross receipts
  (4) Add lines 6c(1), 6c(2), and 6c(3) .  . . . . . .
  (5) Amount of line 3 R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (6) Amount of line 2b R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (7) Total R&E deductions for this separate category. Add 
     lines 6c(5) and 6c(6)  . . . .     .  . . . . . .
d Enter code
  (1) Gross intangible income/Taxpayer’s gross receipts  .
  (2) Gross intangible income/Controlled parties’ gross receipts
  (3) Gross intangible income/Uncontrolled parties’ gross receipts
  (4) Add lines 6d(1), 6d(2), and 6d(3)  . . . . . . .
  (5) Amount of line 3 R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (6) Amount of line 2b R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (7) Total R&E deductions for this separate category. Add 
     lines 6d(5) and 6d(6)  . . . .     .  . . . . . .
e Enter code
  (1) Gross intangible income/Taxpayer’s gross receipts  .
  (2) Gross intangible income/Controlled parties’ gross receipts
  (3) Gross intangible income/Uncontrolled parties’ gross receipts
  (4) Add lines 6e(1), 6e(2), and 6e(3) .  . . . . . .
  (5) Amount of line 3 R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (6) Amount of line 2b R&E deductions apportioned to this 
     separate category  . .   . . .     .  . . . . . .
  (7) Total R&E deductions for this separate category. Add 
     lines 6e(5) and 6e(6)  . . . .     .  . . . . . .
7 Total  foreign-source  apportioned  R&E  deductions  (add 
  lines  6a(7),  6b(7),  6c(7),  6d(7),  and  6e(7)).  This  should 
  equal the amount entered on line 5d of this column  .   ▶
Important: See Computer-Generated Schedule H in the instructions. 
                                                                                                                                                    Form 1118 (Rev. 12-2021)

Form 1118 (Rev. 12-2021)                                                                                                                                                                    Page 11
Schedule H               Apportionment of Certain Deductions (Complete only once for all categories of income.) (continued)
Part II—Interest Deductions, All Other Deductions, and Total Deductions
                                                                                 (a) Average Value of Assets— 
                                                                                     Check Method Used:                                                     (c) All Other         (d) Totals 
                                                                                     Tax book value                         (b) Interest Deductions                               (add the amounts 
                                                                                                                                                              Deductions          
                                                                                     Alternative tax book value                                             (attach schedule)     from columns (b)(iii), 
                                                                                                                                                            (see instructions)    (b)(iv), and (c)) 
                                                                             (i) Nonfinancial    (ii) Financial     (iii) Nonfinancial   (iv) Financial 
                                                                             Corporations        Corporations       Corporations         Corporations                             Additional     note: With 
1a Totals (see instructions)  .  . . . . . . .   . . . .      .                                                                                                                   respect to each 
                                                                                                                                                                                  applicable statutory 
b  Amounts  specifically  allocable  under  Temporary  Regulations                                                                                                                grouping, enter the 
   section 1.861-10T(e)  .     . . . . . . . .   . . . .      .                                                                                                                   amount in column (d) 
                                                                                                                                                                                  of line 3a(2), 3b(2), 3c
c  Other specific allocations under Temporary Regulations section 1.861-10T                                                                                                       (2), 3d(2), 3e(2), 
d  Assets excluded from apportionment formula  . . . . .      .                                                                                                                   or 3f(2) below in 
                                                                                                                                                                                  column 14 of the 
2  Total to be apportioned (subtract the sum of lines 1b, 1c, and                                                                                                                 corresponding 
   1d from line 1a)  .     . . . . . . . . . .   . . . .      .                                                                                                                   Schedule A.
3  Apportionment among statutory groupings (see instructions):
a  Enter code
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line a  .     . . . . . . . . . .   . . . .      .
b  Enter code                                                                                   
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line b  .     . . . . . . . . . .   . . . .      .
c  Enter code
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line c  .     . . . . . . . . . .   . . . .      .
d  Enter code
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line d  .     . . . . . . . . . .   . . . .      .
e  Enter code
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line e  .     . . . . . . . . . .   . . . .      .
f  Enter code
   (1) Section 245A dividend     . . . . . . .   . . . .      .
   (2) Other  . .        . . . . . . . . . . .   . . . .      .
   (3) Total line f      . . . . . . . . . . .   . . . .      .
4  Total foreign (add lines 3a(3), 3b(3), 3c(3), 3d(3), 3e(3), and 3f(3)) ▶
Section 904(b)(4) Adjustments
5  Expenses Allocated and Apportioned to Foreign Source Section 245A Dividend. Enter the sum of amounts in column (d) of lines 3a(1), 3b(1), 3c(1), 
   3d(1), 3e(1), and 3f(1). Include this line 5 result as a negative amount on Schedule B, Part II, line 8b  .      .     . .   . .    . . .  .     .   . . . . .         5 
6  Enter expenses allocated and apportioned to U.S. source section 245A dividend. Include this line 6 amount as a negative amount on Schedule B, 
   Part II, line 8b      . . . . . . . . . . .   . . . .      .            . .   .   . .     . . .  . . .       . . .     . .   . .    . . .  .     .   . . . . .         6
                                                                                                                                                                         Form 1118 (Rev. 12-2021)