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FADA035 056 UNCLASSIFIED_aFIG 1116 NOTTINGHAM UNIV (EGL AND) DEPT OF METALLURGY Pt TAI.SURGICAL CHANGES IN THE HIGH TEMPERATURE FRETTING OF NI ANEC (U) OCT 76 R B WATERHOUSE DAJAS775C2216_I, METALLURGICAL

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What is fig 1116?

Fig 1116 refers to IRS Form 1116, which is used by U.S. taxpayers to claim a foreign tax credit for foreign taxes paid.

Who is required to file fig 1116?

Taxpayers who have paid or accrued foreign taxes on income that is also subject to U.S. tax are required to file Form 1116.

How to fill out fig 1116?

To fill out Form 1116, taxpayers need to provide details about their foreign income, the foreign taxes paid, and calculate the amount of foreign tax credit allowed.

What is the purpose of fig 1116?

The purpose of Form 1116 is to allow U.S. taxpayers to reduce their U.S. tax liability by the amount of foreign taxes they have paid.

What information must be reported on fig 1116?

Taxpayers must report details such as their name, taxpayer identification number, types of foreign income, foreign taxes paid, and the countries the taxes were paid to.