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MODESTO CITY SCHOOLS 20172018 (effective 1/1/18)CERTIFICATED SALARY SCHEDULECERTIFICATED SALARY SCHEDULES 20172018 TABLE OF CONTENTS Page I. Salary Placement Determination ..........................................................................

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What is effective 1118?

Effective 1118 refers to a tax form used for reporting foreign income.

Who is required to file effective 1118?

Individuals and businesses with foreign income exceeding a certain threshold are required to file form 1118.

How to fill out effective 1118?

Effective 1118 can be filled out by providing information on foreign income, expenses, and tax credits.

What is the purpose of effective 1118?

The purpose of form 1118 is to calculate the amount of foreign tax credits that can be applied to reduce US tax liability on foreign income.

What information must be reported on effective 1118?

Information such as foreign income, expenses, taxes paid to foreign governments, and tax credits must be reported on form 1118.