pk
Level 15
Level 15

Deductions & credits

@gabriel-rigon , if the code 29 is applied to  Box-1 then this is deposit interest  ( see codes  of form 1042-S at www.irs.gov and search for form 1042-S ).  In such a case just recognize the earned interest as if you had received 1099-INT. 

 

 

Does this help ?