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I have a 1042-S but can not find where to enter this information.

 
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1 Reply
KellyG
New Member

I have a 1042-S but can not find where to enter this information.

Form 1042-S is used to report amounts paid to foreign persons that are subject to income tax withholding, even if no amount is deducted and withheld from the payment because of a treaty or exception to taxation, or if any amount withheld was repaid to the payee. It is also used to report amounts withheld under Chapter 3 of the Internal Revenue Code.

*Sometimes, this form is mailed out strictly for informational purposes and therefore does not need to be included on your return. This is often the case when Resident Aliens receive this form. 

The significant items  on the 1042-S form are Box 7 and Box 10. Box 7 is US Federal Tax Withheld and Box 10 is Withholding Credit. If both of those boxes are 0, then nothing was withheld and there is no withholding credit and the 1042-S form is just for your informational purposes. *


  • Income Code 15 on Form 1042-S is used to report pensions, annuities, alimony, and/or insurance premiums.
  • Complete instructions for filing your income reported to you on Form 1042-S for tax year 2015, as well as descriptions of all other income codes reported on this form, can be found at the following IRS site: https://www.irs.gov/pub/irs-pdf/i1042s.pdf
  • TurboTax does not directly support the filing of Form 1042-S. If you are required to file this form along with your tax return, You will need to file a paper return and attach Form 1042-S.
  • Also, see the following TurboTax Faq if you need to file a 1040NR NonResident Alien Return:

    Although TurboTax has never supported Form 1040NR: U.S. Nonresident Alien Income Tax Return, we have a partnership with Sprintax offering a nonresident tax filing solution to our TurboTax customers.

    Visit the TurboTax/Sprintax site for more info or to get started.

    Hope this Helps!

    GEN86329

    Answered by TurboTax FAQ to this question





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