Form preview

Get the free 1042-S

Get Form
This form is used by the IRS to report income that is subject to withholding for foreign persons, detailing their U.S. source income and the appropriate withholding amounts.
We are not affiliated with any brand or entity on this form
4,4
98,753 Reviews
4,5
11,210 Reviews
4,6
715 Reviews
4,6
789 Reviews

Get, Create, Make and Sign 1042-s

Edit
Edit your 1042-s form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your 1042-s form via URL. You can also download, print, or export forms to your preferred cloud storage service.

How to edit 1042-s online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
To use the services of a skilled PDF editor, follow these steps below:
1
Log in. Click Start Free Trial and create a profile if necessary.
2
Prepare a file. Use the Add New button. Then upload your file to the system from your device, importing it from internal mail, the cloud, or by adding its URL.
3
Edit 1042-s. Rearrange and rotate pages, add new and changed texts, add new objects, and use other useful tools. When you're done, click Done. You can use the Documents tab to merge, split, lock, or unlock your files.
4
Save your file. Select it in the list of your records. Then, move the cursor to the right toolbar and choose one of the available exporting methods: save it in multiple formats, download it as a PDF, send it by email, or store it in the cloud.
With pdfFiller, it's always easy to deal with documents. Try it right now

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
Learn more about security & compliance
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out 1042-s

Illustration

How to fill out 1042-S

01
Obtain Form 1042-S from the IRS website or your financial institution.
02
Fill in the recipient's name, address, and taxpayer identification number (TIN).
03
Provide the name and address of the withholding agent (the one who paid you).
04
Indicate the income code that best describes the type of income you're reporting.
05
Specify the gross income amount that was paid to you.
06
Calculate and input the amount of tax withheld.
07
Fill out any applicable tax treaty information to claim benefits.
08
Review the form for accuracy and completeness.
09
Submit the form to the IRS along with any required accompanying documents.

Who needs 1042-S?

01
Individuals and entities that receive income from U.S. sources that is subject to withholding.
02
Foreign persons, including non-resident aliens and foreign entities.
03
Those who claim a tax treaty exemption or reduction on their U.S. income.
Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.0
Satisfied
42 Votes

People Also Ask about

Failure to file or late or incorrect filing of Form 1042-S with IRS. A penalty may be imposed for failure to file each correct and complete Form 1042-S when due (including extensions), unless you can show that the failure was due to reasonable cause and not willful neglect. Refer to Exhibit 20.1.
If you are a non-resident alien and received a Form 1042-S, you generally need to report the income on your U.S. tax return. However, if the income is exempt from U.S. tax under a tax treaty, you may not need to report it.
The 1042-S is a tax form used to report various types of income paid to nonresidents in the US. This form is issued by US payers, which can include universities, employers, and financial institutions, in order to report income that is subject to taxation.
If you are a non-resident alien and received a Form 1042-S, you generally need to report the income on your U.S. tax return. However, if the income is exempt from U.S. tax under a tax treaty, you may not need to report it.
Use Form 1042-S to report: Income and amounts withheld as described in the Instructions for Form 1042-S. Specified Federal procurement payments paid to foreign persons that are subject to withholding under section 5000C. Distributions of effectively connected income by a publicly traded partnership or nominee.
The IRS form W-2 is used to report annual taxable federal and state wages. Treaties for nonresident aliens (NRA) may exempt the employee from federal taxes. If you are a NRA and are exempt from federal taxes, then you will receive a form 1042-S.

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Form 1042-S is a tax form used to report income that is subject to withholding tax for foreign persons, including non-resident aliens and foreign entities.
Withholding agents, including U.S. payers and financial institutions that make payments to foreign persons, are required to file Form 1042-S.
To fill out Form 1042-S, you must provide the recipient's information, the type of income paid, the amount paid, the withholding tax, and the payer's information, following the guidelines provided by the IRS.
The purpose of Form 1042-S is to report income paid to foreign persons and to document the tax withheld on that income, ensuring compliance with U.S. tax laws.
Form 1042-S must report the recipient's name, address, taxpayer identification number, the income type, gross income amount, amount of U.S. federal tax withheld, and other relevant details as required.
Fill out your 1042-s online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview

1042-S is not the form you're looking for?Search for another form here.

Related Features

Work In Data in the Wedding Contract with ease
Work In Data in the Restaurant Evaluation with ease
Put In Question in the Security Proposal Template with ease
Put In Question in the Sports Camp Registration with ease
Slide Letter in the Permit with ease

Relevant keywords

IRS 1042-S Form 1042-S withholding foreign income U.S. source income tax reporting recipient income tax identification foreign tax

Related Forms

Form preview
Fall 2014 Generator Sizing and Electrical Connections notice
The electrical association of philadelphia optional standby systems generators class monday, october 20, 2014, here
Fill Now
Form preview
Id like to order Take this Ring Medieval and Renaissance Rings from th
Catalog order form i'd like to order take this ring: medieval and renaissance rings from
Fill Now
Form preview
Id like to order Picturing Piety The Book of Hours
Catalog order form i'd like to order picturing piety: the book of hours name address
Fill Now
Form preview
Id like to order
Catalog order form i'd like to order antonio tempests blocks and woodcuts name address city
Fill Now
Form preview
INSTALLMENT PLAN - Young Rembrandts
Young rembrandt's installment plan take it again and again: young rembrandt's students who reenroll in
Fill Now
Form preview
330 PM 430 PM
Young rembrandt's at jamison elementary a different kind of learning. a powerful kind of fun!
Fill Now
Form preview
For grades K-5 at Lakewood Elementary School
For grades k5 young rembrandt's at lakewood elementary school a different kind of learning. a
Fill Now
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.