EFTA01220933.pdf

Lump-Sum Distributions Smart Worksheet Use if Lump-sum distributions category (box e) is checked A Enter the amount from Form 1116. line 8 B Enter the sum of the amounts from Form 4972, lines 6 and 12. that are from foreign sources. Also enter this amount on Form 1116, line 17 C Enter the sum of the total amounts from Form 4972, lines 6 and 12. Also. enter this amount on Form 1116. line 18 D Divide line B by C. Enter the result as a decimal here and on Form 1116, line 19. If line B is equal to or more than line C. enter '1' E Enter the amount from Form 4972, line 30. Also, include this amount on Form 1116, line 20 Caution: Do not include the amount on line E above in the tax you enter on line 20 of any other Form 1116 you are filing. F Multiply line E by line D. Enter the result here and on Form 1116. line 21 G Enter the smaller of line A or line F here and on Form 1116, line 22 EFTA01220933