sjrcpa
Level 15
05-04-2021
07:28 PM
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The problem is that taxpayer shouldn't be getting a 1042-S. He should be getting a 1099. He has not supplied the correct paperwork to the payor. If the withholding is piddly, client and I agree to ignore it. If not, I enter as 1099 withholding, attach statement that it is from 1042-S and wait for the IRS notice(s).
The more I know the more I don’t know.