topic Question about form 1042-s and 1042 in Deductions & credits

Question about form 1042-s and 1042

RossAngelos — Fri, 30 Aug 2019 22:13:14 GMT

I’m a self employed and work for 1099. I have a guy who helps with my web developer job and he is resident of another country in Europe. I asked him to fill out W8-BEN so I’ll not withhold taxes. Also I’m planning to deduct all his share so I’ll not pay taxes from those money.

If I don’t withhold taxes, should I still fill out 1042s and 1042 and if it is available on TurboTax?

Re: Question about form 1042-s and 1042

Critter — Sat, 31 Aug 2019 00:23:08 GMT

Is he an employee of yours ? Or is he also an independent contractor that you pay a fee for the work done ?

Re: Question about form 1042-s and 1042

RossAngelos — Sat, 31 Aug 2019 01:07:42 GMT

He is foreign independent contractor. I just pay him his share