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 then in the look for box 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
