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FORM N318 (REV. 2014) GENERAL INSTRUCTIONS Note: The High Technology Business Investment Tax Credit expired on December 31, 2010, i.e., no credit can be claimed for investments made after December
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Form n-318 is a tax form used for reporting income earned from sources outside the United States.
US citizens and residents who have income from foreign sources are required to file form n-318.
Form n-318 can be filled out manually or electronically by providing information about foreign income, deductions, and credits.
The purpose of form n-318 is to ensure that individuals report all income earned from foreign sources and pay the appropriate taxes on that income.
Information such as foreign income, foreign taxes paid, and any foreign tax credits must be reported on form n-318.
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