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Tax1305
Level 1

Form 1042-s

I started investing in stocks last year, this year I received a 1042-s form from my broker. I am Mexican and I don’t know what to do with this form. Do I have to pay tax here in Mexico or in USA, where can I go to get some extra help. 

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‎April 10, 2022 9:31 AM
last updated ‎April 10, 2022 9:31 AM
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DaveF1006
Expert Alumni
Expert Alumni

Form 1042-s

To clarify, is there an amount in Box2 in the 1042-S?

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‎April 11, 2022 7:46 AM
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Tax1305
Level 1

Form 1042-s

where it says gross income : $1

‎April 11, 2022 5:20 PM
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Tax1305
Level 1

Form 1042-s

where it says gross income : $1

‎April 13, 2022 6:04 PM
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DaveF1006
Expert Alumni
Expert Alumni

Form 1042-s

You do not need to report that form if the gross income is $1.  Keep this form for informational purposes only.

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‎April 18, 2022 1:49 PM
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