Form 1042-S
The IRS information return that U.S. payers issue to non-residents to report U.S.-source income subject to withholding.
Form 1042-S, "Foreign Person's U.S. Source Income Subject to Withholding," is the non-resident counterpart to Form 1099. U.S. payers issue 1042-S to report payments made to non-residents (royalties, dividends, prizes, scholarship grants, certain service income) and the tax withheld. Recipients use the form to file Form 1040-NR or to claim treaty refunds. Issuance is due by March 15 of the year following payment.
Also known as1042-S, Foreign Person's U.S. Source Income Statement
Related terms
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