LeonardS
Expert Alumni

Get your taxes done using TurboTax

Yes, you will have to report your Form 1042-S income.

 

TurboTax does not include Form 1042-S.  However, Form 1042-S does not need to filed with your income tax return. Fill out Form 1042-S and then mail it to the address specified in the form instructions. 

 

The main difference between forms 1042 and 1042-S is that form 1042-S is concerned with payments made to foreign persons, while form 1042 is concerned with determining how much income will be withheld for tax withholding purposes.

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