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Sch J (1118) - Adjustments to Separate Limitation Categories

What is the form used for? :

  • Schedule J Adjustments to Separate Limitation Income (Loss) Categories for Determining Numerators of Limitation Fractions, Year-End Recharacterization Balances, and Overall Foreign Loss Account Balances.

Is the form Supported in our program? Yes

How to access the form: To access the form, you will need to open a Business return on the desktop and then go to Add Form/Display, and type 1118 J.

Limits to the form: This form can only be accessed from the desktop software. This form cannot be copied.

IRS Publication: https://www.irs.gov/forms-pubs/about-schedule-j-form-1118

 

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