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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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What is form n-318?
Form n-318 is a tax form used for reporting income earned from sources outside the United States.
Who is required to file form n-318?
US citizens and residents who have income from foreign sources are required to file form n-318.
How to fill out form n-318?
Form n-318 can be filled out manually or electronically by providing information about foreign income, deductions, and credits.
What is the purpose of form n-318?
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.
What information must be reported on form n-318?
Information such as foreign income, foreign taxes paid, and any foreign tax credits must be reported on form n-318.
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