Solved: How should I enter 1042s details in turbotax ?
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How should I enter 1042s details in turbotax ?

 
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Employee Tax Expert

How should I enter 1042s details in turbotax ?

The 1042S is not supported so you have to enter the parts separately. 

For the income:

  1. Go to federal
  2. to Income and Credits
  3. to last section, Less Common Income
  4. bottom selection, Miscellaneous Income
  5. Start
  6. bottom selection, Other Reportable Income
  7. Start
  8. Any Other Taxable Income?
  9. Yes
  10. 1042S income and enter the total of the 2 forms.
  11. Continue
  12. Click the blue Add Another Income Item on the left
  13. Enter  Bangladesh Treaty and the amount as a negative dollar
  14. Continue

 

If you have other information on the 1042S, it will need to be captured in the sections that match it in similar fashion. If yours is not treaty income, do not enter treaty information.

 

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1 Reply
Employee Tax Expert

How should I enter 1042s details in turbotax ?

The 1042S is not supported so you have to enter the parts separately. 

For the income:

  1. Go to federal
  2. to Income and Credits
  3. to last section, Less Common Income
  4. bottom selection, Miscellaneous Income
  5. Start
  6. bottom selection, Other Reportable Income
  7. Start
  8. Any Other Taxable Income?
  9. Yes
  10. 1042S income and enter the total of the 2 forms.
  11. Continue
  12. Click the blue Add Another Income Item on the left
  13. Enter  Bangladesh Treaty and the amount as a negative dollar
  14. Continue

 

If you have other information on the 1042S, it will need to be captured in the sections that match it in similar fashion. If yours is not treaty income, do not enter treaty information.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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