turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Anonymous
Not applicable

I got a 1042 s form instead of a 1099 B form from fidelity. how do i enter that in turbotax?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
KarenJ
Intuit Alumni

I got a 1042 s form instead of a 1099 B form from fidelity. how do i enter that in turbotax?

Are you a nonresident?  Please advise when you arrived in the US and your visa type. Many thanks.
Anonymous
Not applicable

I got a 1042 s form instead of a 1099 B form from fidelity. how do i enter that in turbotax?

I'm in h1b visa, have been here for 6 years, 2 years without leaving the country
KarenJ
Intuit Alumni

I got a 1042 s form instead of a 1099 B form from fidelity. how do i enter that in turbotax?

Thank you.  As you are a US resident, you should not be receiving a 1042-S.  Please work with your broker to update your tax status.  You should complete a Form W-9 to let them know that you are a US resident and exempt from backup withholding. 

You should enter your 1042-S form as if you received a 1099-B if it is for stock sales. 



Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question