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Can I use turbo tax if I have a TN visa but I receive a 1042 S form because I receive a fellowship and for my time of residence I have to fill out a 1040 form?

 
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3 Replies
DaveF1006
Employee Tax Expert

Can I use turbo tax if I have a TN visa but I receive a 1042 S form because I receive a fellowship and for my time of residence I have to fill out a 1040 form?

To clarify, how long have you been in the US under the TN-VISA arrangement?

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Can I use turbo tax if I have a TN visa but I receive a 1042 S form because I receive a fellowship and for my time of residence I have to fill out a 1040 form?

Hi, I've been here a year and five months

DaveF1006
Employee Tax Expert

Can I use turbo tax if I have a TN visa but I receive a 1042 S form because I receive a fellowship and for my time of residence I have to fill out a 1040 form?

Yes, it sounds like you meet the requirements for the substantial presence test. Here is how to report the 1042-S income and the  federal income tax withheld, if any.

 

  1. Open your return in TurboTax 
  2. Click on Wages & Income 
  3. Scroll down to All Income 
  4. Scroll down to Less Common Income 
  5. Scroll down to Miscellaneous Income, 1099-A, 1099-C 
  6. Click start 
  7. Scroll down to Other reportable income 
  8. Answer yes 
  9. Enter description and amount  Enter 1042S as the description and then the amount of the income.

  

To report the US tax paid (if you paid tax):

  1. With your return open
  2. Click on Deductions & Credits
  3. Scroll down to Estimates and Other Taxes Paid\
  4. Click on Other Income Taxes
  5. Scroll down Other Income Taxes paid in 2021
  6. Click on Withholding not already entered on a W-2 or 1099

If your form shows no Income amount or Tax Paid, just keep it for your records.

 

 

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