Form 1042-S Meaning | Where to File the 1042-S Form?
Form 1042-S is an IRS form to report income subject to U.S. income tax withholding paid to foreign individuals (including nonresident aliens, foreign corporations, or foreign-owned partnerships). The form is utilized to report income tax withholding by U.S. entities, such as educational institutions, companies, or financial institutions that make payments to foreign entities or individuals.