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How to report 1042-S with income code 01 for Resident Alien for tax purposes
I received a 1042-S form from IRS with Income Code 01 (Interest paid by U.S. obligors - general). The form is issued for the interest IRS paid me for my 2015 tax refund which was issued in 2022.
Should I enter this gross income in other income or in interest received section? I did not receive any 1099-INT form.
For the interest already deducted as mentioned in the 1042-S, I will enter as other tax paid not reported on W2 or 1099? Any help is appreciated.
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posted
August 21, 2023
5:29 PM
last updated
August 21, 2023
5:29 PM


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How to report 1042-S with income code 01 for Resident Alien for tax purposes
It is simply interest and should be entered as such ... payer is IRS and enter the amount in the interest income section.
August 21, 2023
5:42 PM
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How to report 1042-S with income code 01 for Resident Alien for tax purposes
It is simply interest and should be entered as such ... payer is IRS and enter the amount in the interest income section.
August 21, 2023
5:42 PM
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How to report 1042-S with income code 01 for Resident Alien for tax purposes
Thank you
August 21, 2023
8:22 PM
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