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Supplemental Educational Service ProvidersSchool Year 20122013Pursuant to the Federal No Child Left Behind Act Section 1116(e)(1)Issued by: The Arkansas Department of Education more information contact: Dana
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Section 1116e1 refers to a specific section of the tax code related to foreign tax credits.
Taxpayers who have foreign income or pay foreign taxes may be required to file section 1116e1.
To fill out section 1116e1, taxpayers need to provide information about their foreign income and taxes paid.
The purpose of section 1116e1 is to prevent double taxation on income earned in a foreign country.
Taxpayers must report their foreign income, foreign taxes paid, and calculate their foreign tax credit on section 1116e1.
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