Form 1042 (NOT 1042-S)

[abctax55]

I have a colleague of a good client that now has to efile the F 1042.  They can't do it via IRIS (etc...) as the principals are all Canadian citizens.  

I'm asking if anyone knows of software that DOES efile F 1042?  I can't find it in Lacerte.

TIA

[George4Tacks]

Professor Google lead me to:

https://www.tax1099.com/efile-form-1042

Are they required to efile? https://www.irs.gov/instructions/i1042#en_US_2023_publink54843td0e254

[abctax55]

Yeah, I have that, and one other one.  

https://sovos.com/guides/form-1042-efiling/

They would like my help, and as I said - a colleague of a good (very good) client.  

So I was looking for something other than just a link to a web site.

They say they are required to efile, and these guys are sharp/manage multiple RE investments to the tune of many millions of dollars.  

Thanks for trying tho, my dear.

[itonewbie]

It looks like their choices are between Sovos and Thomson Reuters only, unless the IRS approves more providers for TY2023, the list of which has not been released yet: https://www.irs.gov/e-file-providers/1042-modernized-e-file-mef-providers

Tax1099.com didn't make the cut for TY2022.  Even if they do get approved for TY2023, I'd suggest sticking with the more experienced, established providers.

Hope this helps.

[abctax55]

Ah, my 'source' didn't think TR did it.

As always, thank you Jensen.