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Form 1118j: Adjustments to Separate Limitation Income (Loss)

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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
Part I Adjustments to Separate Limitation Income or (Losses) in Determining Numerators of Limitation Fractions (see instructions)
		(i) General category income	(ii) Passive category income	(iii) Other income*	(iv) U.S. income
1	Income or (loss) before adjustments
2	Allocation of separate limitation losses:
a	General category income
b	Passive category income
c	Other income*
3	Subtotal— Combine lines 1 through 2c.
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	General category income
b	Passive category income
c	Other income*
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.
Part II Year-End Balances of Future Separate Limitation Income That Must Be Recharacterized (section 904(f)(5)(C))
a	General category income
b	Passive category income
c	Other income*
Part III Overall Foreign Loss Account Balances (section 904(f)(1)) Complete for each separate limitation income category.
1	Beginning balance
2	Current year additions
3	Current year reductions (other than recapture)
4	Current year recapture (from Part I, line 7)
5	Ending balance—Combine lines 1 through 4.
Part IV Overall Domestic Loss Account Balances (section 904(g)(1))
1	Beginning balance
2	Current year additions
3	Current year reductions (other than recapture)
4	Subtotal—Combine lines 1 through 3.
5	Current year recapture (from Part I, line 10)
6	Ending balance—Subtract line 5 from line 4.

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