I'm filing as resident alien but Firstrade sent me 1042-S forms.
Income codes are 01, 06, 36 and 37.
I've already found how to enter codes 01,06 and 36 in Turbotax in other discussion.
Could someone guide me how to manually input the income for code 37 in Turbotax?
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Box 37 reports the return of capital, it is not taxable and you therefore need not report it. You may keep the 1042S with your tax records, but it is informational only.
Box 37 reports the return of capital, it is not taxable and you therefore need not report it. You may keep the 1042S with your tax records, but it is informational only.
Thank you so much!
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