2014 form 1042 s-2025

See details

4.2 out of 5

69 votes

The document is Form 1042-S, which is used to report U.S. source income paid to foreign persons that is subject to withholding. It includes details on various types of income, withholding allowances, exemption codes, and tax rates applicable to nonresident aliens and foreign entities. The form outlines the filing requirements for foreign individuals and corporations regarding U.S. income tax obligations and provides instructions for obtaining additional information.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify 2014 form 1042 s in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Begin by clicking 'Get Form' to open the IRS Form 1042-S (2014) in our platform's editor.
Fill in Box 1 with the appropriate income code that corresponds to the type of U.S. source income received. Refer to the explanation of codes for guidance.
In Box 2, enter the gross income amount that is subject to withholding.
Complete Boxes 3 and 4 if applicable, entering exemption codes and tax rates as necessary based on your specific situation.
Provide details about the withholding agent in Boxes 13a through 13g, including names, EINs, and addresses.
Finally, review all entries for accuracy before printing, downloading, or sharing your completed form directly from our platform.

Start using our platform today to easily complete your IRS Form 1042-S (2014) for free!

See more 2014 form 1042 s versions

We've got more versions of the 2014 form 1042 s form. Select the right 2014 form 1042 s version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2024	3.9 Satisfied (37 Votes)
2023	4.9 Satisfied (31 Votes)
2022	4.5 Satisfied (50 Votes)
2021	4.8 Satisfied (135 Votes)
2020	4.3 Satisfied (105 Votes)
2019	4.3 Satisfied (118 Votes)
2018	4.4 Satisfied (102 Votes)
2017	4.3 Satisfied (341 Votes)
2016	4.4 Satisfied (324 Votes)
2015	4.3 Satisfied (29 Votes)
2014	4.2 Satisfied (69 Votes)
2013	4 Satisfied (22 Votes)
2012	4.2 Satisfied (58 Votes)
2011	4 Satisfied (40 Votes)
2010	4.3 Satisfied (60 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do I need to do anything with Form 1042-S?

What do I need to do if I receive a 1042-S? Any Foreign National who received a W-2 and/or a 1042-S is required to file a Federal and State tax return (regardless of any Tax Treaties). Nonresident (tax) employees may receive a 1042-S instead of/in addition to a W-2.

What happens if I dont file 1042s?

For 1042-S, if you dont deposit the taxes youve withheld on time, a 2% to 15% penalty can be charged. If you never withhold or pay those taxes, you can be charged a 100% trust fund recovery penalty. With 1099 forms, these extra deposit penalties usually arent an issue since little to no tax is withheld.

Do I need to add 1042s to my tax return?

Does 1042-S need to be reported? Yes, any income reported on Form 1042-S generally needs to be reported on your US tax return, even if no tax was withheld. Failure to report this income could result in penalties or other consequences.

How do I input the 1042-S form to my tax return?

Include Income: Report the income listed on the 1042-S form on your Canadian tax return. This is typically done on Line 10100 (Total Income) of the T1 General form. Convert Currency: Convert the U.S. dollar amounts to Canadian dollars using the exchange rate for the year in which you received the income.

Which IRS form is used for foreign reporting 1042-S?

Use Form 1042-S to report: Income and amounts withheld as described in the Instructions for Form 1042-S. Specified Federal procurement payments paid to foreign persons that are subject to withholding under section 5000C.

What is a 1042-S for?

Every withholding agent must file an information return, Form 1042-S, Foreign Persons U.S. Source Income Subject to Withholding, to report amounts paid to foreign persons that are described under Amounts Subject to NRA Withholding and Reporting, even if withholding is not required on the payments.

2014 form 1042 s-2025

Here's how it works

The best way to modify 2014 form 1042 s in PDF format online

See more 2014 form 1042 s versions

Complete this form in 5 minutes or less

Got questions?

Do I need to do anything with Form 1042-S?

What happens if I dont file 1042s?

Do I need to add 1042s to my tax return?

How do I input the 1042-S form to my tax return?

Which IRS form is used for foreign reporting 1042-S?

People also ask

What is a 1042-S for?

Related links

Try more PDF tools

2014 form 1042 s-2025

Here's how it works

The best way to modify 2014 form 1042 s in PDF format online

See more 2014 form 1042 s versions

Complete this form in 5 minutes or less

Got questions?

Do I need to do anything with Form 1042-S?

What happens if I dont file 1042s?

Do I need to add 1042s to my tax return?

How do I input the 1042-S form to my tax return?

Which IRS form is used for foreign reporting 1042-S?

Related Searches

People also ask

What is a 1042-S for?

Related links

Try more PDF tools