About Form 1120-F Schedules That May Be Required

 

About Schedule D (Form 1120), Capital Gains and Losses

Information about Schedule D (Form 1120), Capital Gains and Losses, including recent updates, related forms and instructions on how to file. Use this schedule to: figure the overall gain or loss from transactions reported on Form 8949; report certain transactions the corporation does not have to report on Form 8949; and report capital gain distributions not reported directly on Form 1120.

About Schedule H (Form 1120-F), Deductions Allocated To Effectively Connected Income Under Regulations Section 1.861-8

Information about Schedule H (Form 1120-F), Deductions Allocated To Effectively Connected Income Under Regulations Section 1.861-8, including recent updates, related forms and instructions on how to file. A foreign corporation that files Form 1120-F uses this schedule to report the amount of the foreign corporation's deductible expenses that are allocated and apportioned under Regulations sections 1.861-8 and 1.861-17 and Temporary Regulations section 1.861-8T between ECI and non-ECI.

About Schedule I (Form 1120-F), Interest Expense Allocation Under Regulations Section 1.882-5

Information about Schedule I (Form 1120-F), Interest Expense Allocation Under Regulations Section 1.882-5, including recent updates, related forms and instructions on how to file. File this schedule to report the amount of interest expense allocable to effectively connected income (“ECI”) and the deductible amount of such allocation for the tax year under section 882(c) and Regulations section 1.882-5.

About Schedules M-1 and M-2 (Form 1120-F), Reconciliation of Income (Loss) and Analysis of Unappropriated Retained Earnings per Books

Generally, any foreign corporation that is required to complete Form 1120-F, Section II must complete Schedules M-1 and M-2 (Form 1120-F).

About Schedule M-3 (Form 1120-F), Net Income (Loss) Reconciliation for Foreign Corporations With Reportable Assets of $10 Million or More

Schedule M-3 (Form 1120-F) is used by filers of Form 1120-F with total assets of $10 million or more to provide detailed information on differences between income per books and income per tax return. Schedule M-3, Part I, determines the adjusted financial net income (loss) of the non-consolidated foreign corporation filing Form 1120-F, U.S. Income Tax Return of a Foreign Corporation. Schedule M-3, Parts II and III, reconcile this financial result with the corporation's taxable income before the NOL deduction and special deductions on Form 1120-F.

About Schedule P (Form 1120-F), List of Foreign Partner Interests in Partnerships

Schedule P (Form 1120-F) is used by foreign corporations to disclose foreign partner interests in partnerships; documenting compliance with requirements of IRC sections 705 and 702, and Regulations section 1.884-1(d)(3). This schedule is used to identify and reconcile the foreign corporation's directly held partnership interests with the distributive shares of partnership effectively connected income (ECI) and the foreign corporation's effectively connected outside tax basis in each interest.

About Schedule S (Form 1120-F), Exclusion of Income from the International Operation of Ships or Aircraft Under Section 883

Information about Schedule S (Form 1120-F), Exclusion of Income from the International Operation of Ships or Aircraft Under Section 883, including recent updates, related forms and instructions on how to file. Foreign corporations file this schedule to claim an exclusion of income under section 883 and to provide reporting information required by the section 883 regulations.

About Schedule V (Form 1120-F), List of Vessels or Aircraft, Operators, and Owners

Information about Schedule V (Form 1120-F), List of Vessels or Aircraft, Operators, and Owners, including recent updates, related forms and instructions on how to file. A foreign corporation files this schedule to report basic information for each vessel or aircraft with respect to which the corporation is subject to the 4% rate of tax on U.S. source gross transportation income (USSGTI) under section 887.

About Schedule UTP (Form 1120), Uncertain Tax Position Statement

Information about Schedule UTP (Form 1120), Uncertain Tax Position Statement, including recent updates, related forms and instructions on how to file. Schedule UTP (Form 1120) is used by certain corporations that issue or are included in audited financial statements and have assets that equal or exceed $10 million to provide information about tax positions that affect their U. S. federal income tax liabilities.