TaxBandits Knowledge Base

What information is required to file Form 1042-S?

The below information is required to file Form 1042-S:

• Income and the corresponding withheld amounts in accordance with the guidelines outlined in the Form 1042-S instructions.
• Specified Federal procurement payments made to foreign individuals, which are subject to withholding under section 5000C.
• Distributions of effectively connected income by a publicly traded partnership or nominee.