1220 Form 1118 (Schedule J) (PDF)

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f1118sj.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

Schedule J (Form 1118)

(Rev. December 2020)

Adjustments to Separate Limitation Income (Loss) Categories for Determining Numerators of Limitation Fractions, Year-End Recharacterization Balances,

and Overall Foreign and Domestic Loss Account Balances

OMB No. 1545-0123

Department of the Treasury For calendar year 20, or other tax year beginning, 20, and ending, 20 Internal Revenue Service - Attach to Form 1118.

Name of corporation Employer identification number

Part I Adjustments to Separate Limitation Income or (Losses) in Determining Numerators of Limitation Fractions (see instructions)

1 Income or (loss) before adjustments	(i) Section 951A income	(ii) Foreign branch income	(iii) Passive category income	(iv) General category income	(v) Other income* (identify ▶ )	(vi) U.S. income
1 Income or (loss) before adjustments
2 Allocation of separate limitation losses:
a Section 951A income		( )	( )	( )	( )
b Foreign branch income	( )		( )	( )	( )
c Passive category income	( )	( )		( )	( )
d General category income	( )	( )	( )		( )
e Other income* (identify▶ )	( )	( )	( )	( )
3 Subtotal—Combine lines 1 through 2e.
4 Allocation of overall foreign losses						( )
5 Allocation of domestic losses	( )	( )	( )	( )	( )
6 Subtotal—Combine lines 3 through 5.
7 Recapture of overall foreign losses	( )	( )	( )	( )	( )
8 Subtotal—Combine lines 6 and 7.
9 Recharacterization of separate limitation income:
a Section 951A income	( )
b Foreign branch income		( )
c Passive category income			( )
d General category income				( )
e Other income* (identify▶ )					( )
10 Recapture of overall domestic losses						( )
11 Numerator of Limitation Fraction— Combine lines 8 through 10. Enter each result here and on Schedule B, Part II, line 7, of corresponding Form 1118.

* Important: See Computer-Generated Schedule J in instructions.

For Paperwork Reduction Act Notice, see the Instructions for Form 1118. Cat. No. 10309U Schedule J (Form 1118) (Rev. 12-2020)

Schedule J (Form 1118) (Rev. 12-2020) Page 2

* Important: See Computer-Generated Schedule J in instructions.

Schedule J (Form 1118) (Rev. 12-2020)