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How to include 1042-S (income code 16)?

In 1042-S, Box 7a "Federal Tax Withheld" amount is 0, so as box 8, 9, 10, 11. The gross income is 1000. Please suggest how I need to add such 1042-S on tax return. 

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1 Reply
JohnB5677
Expert Alumni

How to include 1042-S (income code 16)?

Form 1042-S is used by a withholding agent for an information return to report certain income paid to addresses in foreign countries.

 

You can report the 1042-S as other reportable income.

 

Open your return in TurboTax 

  1. Click on Wages & Income 
  2. Scroll down to All Income 
  3. Scroll down to Less Common Income 
  4. Scroll down to Miscellaneous Income, 1099-A, 1099-C 
  5. Click start 
  6. Scroll down to Other reportable income 
  7. Answer yes 
  8. Enter description and amount 

  To report the US tax paid:

  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
  6. Click on Withholding not already entered on a W-2 or 1099

If this does not completely answer your question, please contact us again and provide some additional details.

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