turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Where to enter this 1042-S?

You're welcome. Glad to be of help.

Where to enter this 1042-S?

you can buy I think 3 different sets of forms on TurboTax...what one would you need to file the 1042-s?

DaveF1006
Expert Alumni

Where to enter this 1042-S?

You will need a Turbo Tax Deluxe or higher to report this income. This is how to report your 1042S.

 

  1. Open your return in TurboTax 
  2. Click on Wages & Income 
  3. Scroll down to All Income 
  4. Scroll down to Less Common Income 
  5. Scroll down to Miscellaneous Income, 1099-A, 1099-C 
  6. Click start 
  7. Scroll down to Other reportable income 
  8. Enter description and amount  Here enter 1042S and then amount of the stipend.  

 To reclaim your withholding tax reported on your 1042-S:

 

  1. Go to federal>deductions and credits
  2. Estimates and other Taxes Paid>other income taxes>start
  3. Scroll down to other income taxes paid in 2022
  4. Withholding not already reported on a W2 or 1099

@FeralFeline 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies