IRS FORM
Form 1042
Annual Withholding Tax Return for U.S. Source Income of Foreign Persons
Annual Withholding Tax Return for U.S. Source Income of Foreign Persons
Form 1042, “Annual Withholding Tax Return for U.S. Source Income of Foreign Persons,” is used by withholding agents to report certain U.S. sourced payments to foreign individuals, entities, or governments, along with any respective tax withheld. Filed with the IRS, this form helps ensure compliance with U.S. tax laws related to payments to nonresident aliens and foreign entities.