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New Member
posted Jun 4, 2019 4:37:29 PM

What is the 2018 revised version of the data set taken into account to calculate form 1116's "gross income from all sources?"

The currently available list of data no longer applies to IRS's new format for form 1040, among other forms.

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1 Best answer
Level 9
Jun 4, 2019 4:37:30 PM

Form 1116 (COPY 1) : Line 3ea

Calculated Gross income from all sources:

This is total income before deductions and is the sum of:

Form 1040, line 1 plus
Form 1040, line 2b plus
Form 1040, line 3b plus
Schedule 1 (Form 1040), line 10 plus
Schedule 1 (Form 1040), line 11 plus
Schedule C, line 7 (all copies) plus
All gains reported on Schedule D minus Schedule D, line 11, Subtotal Line A(Form 4797, Gain from Part I) plus
All gains reported on Form 4797 plus
Form 1040, line 4b plus
Schedule E, line 3 total plus line 4 total plus
Schedule K-1 Worksheet - Partnerships Box 16, Code B (if it has a value); otherwise income reported on line 1, 2, OR 3 plus any amount on line 4 plus
Schedule K-1 - Partnership Additional Information page 1, Box 11 section,Code A, line 1 (if positive) and line 3 and line 4 and Code I, line 5
Schedule K-1 Worksheet - S Corporations Box 14, Code B (if it has a value); otherwise income reported on line 1, 2 or 3 plus
Schedule K-1 - S Corporation Additional Information page 1, Box 10 section, Code A, line 1 (if positive) and line 3 and line 4 and Code H, line 5
Schedule K-1 Worksheet - Estates and Trusts, Box 14 Code B : Foreign Tax Information section, line 7 (if it has a value); otherwise income reported in Part III lines 5, 6, 7 and 8 plus
Schedule F, line 11 (all copies) plus
Form 4835, line 7 ( all copies) plus
Schedule 1 (Form 1040), line 19 plus
Form 1040, line 5b plus
All positive income amounts on the Other Income Statement.

2 Replies
Level 9
Jun 4, 2019 4:37:30 PM

Form 1116 (COPY 1) : Line 3ea

Calculated Gross income from all sources:

This is total income before deductions and is the sum of:

Form 1040, line 1 plus
Form 1040, line 2b plus
Form 1040, line 3b plus
Schedule 1 (Form 1040), line 10 plus
Schedule 1 (Form 1040), line 11 plus
Schedule C, line 7 (all copies) plus
All gains reported on Schedule D minus Schedule D, line 11, Subtotal Line A(Form 4797, Gain from Part I) plus
All gains reported on Form 4797 plus
Form 1040, line 4b plus
Schedule E, line 3 total plus line 4 total plus
Schedule K-1 Worksheet - Partnerships Box 16, Code B (if it has a value); otherwise income reported on line 1, 2, OR 3 plus any amount on line 4 plus
Schedule K-1 - Partnership Additional Information page 1, Box 11 section,Code A, line 1 (if positive) and line 3 and line 4 and Code I, line 5
Schedule K-1 Worksheet - S Corporations Box 14, Code B (if it has a value); otherwise income reported on line 1, 2 or 3 plus
Schedule K-1 - S Corporation Additional Information page 1, Box 10 section, Code A, line 1 (if positive) and line 3 and line 4 and Code H, line 5
Schedule K-1 Worksheet - Estates and Trusts, Box 14 Code B : Foreign Tax Information section, line 7 (if it has a value); otherwise income reported in Part III lines 5, 6, 7 and 8 plus
Schedule F, line 11 (all copies) plus
Form 4835, line 7 ( all copies) plus
Schedule 1 (Form 1040), line 19 plus
Form 1040, line 5b plus
All positive income amounts on the Other Income Statement.

New Member
Jun 4, 2019 4:37:33 PM

I don't doubt that this is the revised list of data for TT's calculation of 1116's line 3e, revised for the 2018 1040 (etc) format.  I'd guess it's taken from the Windows version of TT.  But my Mac version of TT calculates a different and more plausible value for 1116 3e - more plausible, that is, than a calculation summing all the values on the revised list.  (The Mac value is more plausible, but still greater than it should be: I will have to adjust it.)  Not sure what is going on.