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I received a 1042-S form from a bank. How do I report this in Turbo Tax? I'm a US citizen.

This is concerning a payment I received from the bank, (Paying Agent was Rust Consulting, Inc.), as a result of an agreement between federal banking regulators and my mortgage servicer in connection with an enforcement action related to deficient mortgage servicing and foreclosure process.
  • Since you are a US citizen, you should request a correct form from them. What is the code in box 1?
  • Code on Box 1 is 50
  • bine22 Would you please let me know which is the correct form in my case?
  • Code on Box 1 is 50, would you please let me know which would be the correct form?


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