What is income code 30 in form 1042-S?
55 views |
Last modified 2/16/2024 1:59:09 AM EST |
Added by TaxBandits Team
In Box 1 of the form 1042-S, you need to enter the appropriate income code when filing. If you enter the income code 30, it signifies that your income pertains to the 'Original Issue Discount.