I have been a resident alien, but I received W-2 and 1042-S. This year I have to file my tax as US-resident. How can I deal with my 1042S? Income Code 19, Exemption code 04.
Per IRS, income code 19 is for Compensation for teaching and exemption code 4 is for tax treaty.
If you are a resident for tax purposes, in TurboTax online edition, please follow these steps:
If you are eligible for a tax treaty, you would need to file a Form 8833 and claim the treaty exemption as a negative amount under "Federal / Wages & Income / Less common income / Miscellaneous / Other Reportable Income ". You are advised to submit by mail all your tax forms along with a copy of the Form1042-S. For tax treaty, please see https://www.irs.gov/pub/irs-pdf/p901.pdf
Per IRS, income code 19 is for Compensation for teaching and exemption code 4 is for tax treaty.
If you are a resident for tax purposes, in TurboTax online edition, please follow these steps:
If you are eligible for a tax treaty, you would need to file a Form 8833 and claim the treaty exemption as a negative amount under "Federal / Wages & Income / Less common income / Miscellaneous / Other Reportable Income ". You are advised to submit by mail all your tax forms along with a copy of the Form1042-S. For tax treaty, please see https://www.irs.gov/pub/irs-pdf/p901.pdf
Very helpful. I still have a question. In my 1042-s form, there are two exemptions ( 3a exemption code 04; 4a exemption code 15). In my W-2 form, box 1 wage : is blank. Is it right? Do I just follow your instruction to file my tax? Thanks.