Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Foreign Tax Credit and Completing Form 1116

Completing Form 1116

Part IV

Summary of Credits from Separate Parts III

Use Form 1116, Part IV, to summarize the credit.

If the taxpayer claimed:

  • One category of foreign income, enter the amount from line 22 on line 28 and then complete lines 29 and 30
  • More than one category of foreign income and has multiple Forms 1116, complete Part IV on only one of them; for these taxpayers, complete lines 23 through 30
Form 1116, Part IV