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Published 1/1/16 Student Catalog 2015/2016St. Josephs School of Nursing DBA St. Josephs School of NursingCampus Address:816 West Lancaster Blvd Lancaster, CA 93534Website: www.stjson.edu Phone: (661)7265060 Fax:
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Published 1116 is a form used by taxpayers to claim a foreign tax credit.
Taxpayers who have paid foreign taxes and wish to claim a credit for those taxes on their US tax return are required to file published 1116.
Form 1116 should be filled out with information about the foreign taxes paid, income earned in the foreign country, and calculations for the foreign tax credit.
The purpose of published 1116 is to prevent double taxation on income earned in foreign countries by allowing taxpayers to claim a credit for foreign taxes paid.
Information such as foreign taxes paid, foreign income earned, and calculations for the foreign tax credit must be reported on published 1116.
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