Understanding Forms 1042 and 1042-S webinars now available on the IRS Video Portal

Kirsty Pitkin

November 2, 2022|1 Minute

Throughout August and September, the IRS hosted a series of live webinars containing important information for tax practitioners and withholding agents, including:

  • Overview of each section of Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons,
  • Overview of each section of Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding,
  • Common errors on each form, and
  • Questions and Answers.

If you didn’t attend one of the live webinars, recordings of these sessions are now available at the IRS Video Portal under the business tab “Filing and Paying Taxes”.

Source: IRS Qualified Intermediaries News Issue 2022-08, 31st October 2022

Kirsty Pitkin

Kirsty is the CEO of TConsult Ltd.

Kirsty is passionate about communicating in simple, accessible language that everyone can understand. She specialises in translating complex tax technical documents into a form that allows financial institutions to make more informed compliance decisions.