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Tax World
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Foreign Person's U.S. Source Income Subject to Withholding. Form 1042-S
Use Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding, to: -- report income described under Amounts Subject to Reporting on Form 1042-S on page 4 and to report amounts withheld under Chapter 3 of the Internal Revenue Code.
Also use Form 1042-S to report distributions of effectively connected income by a publicly traded partnership or nominee. See Publicly Traded Partnership (Section 1446 Withholding Tax) on page 5.
"Withholding agents use Form 1042-S to report amounts paid to foreign persons that are subject to withholding, even if no amount is withheld." DOWNLOAD Form 1042-S This form may be downloaded directly from the IRS website. To open or download, in PDF format, simply click on the link below: Form 1042-S
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