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University of Wisconsin Service CenterHuman Resource SystemExplanation of the Form 1042S Foreign Persons U.S. Source Income Subject to Withholding Multiple Statements: Recipients will receive three

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How to fill out 2017 explanation of the

01

Fill out your 2017 explanation of the by following these steps:

02

Gather all necessary documents and information, such as your income statements, expenses, and any tax credits or deductions you may be eligible for.

03

Start with the basic information section, including your personal details, such as your name, address, and social security number.

04

Move on to the income section and fill in all sources of income you received in 2017, such as wages, dividends, or rental income.

05

Deduct any allowable expenses or deductions from your income to calculate your taxable income.

06

Proceed to the credits and deductions section and claim any tax credits or deductions you qualify for, such as education credits or medical expenses.

07

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08

Sign and date the form before submitting it to the relevant tax authority or including it with your tax return.

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Keep a copy of your completed 2017 explanation of the for your records.

Who needs 2017 explanation of the?

01

Anyone who earned income or had financial transactions in 2017 needs to fill out the 2017 explanation of the. This includes individuals, self-employed individuals, and businesses. It is necessary to accurately report income, expenses, deductions, and any tax credits or benefits applicable for the tax year 2017.

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