How to Complete IRS Form 1042-S for Payments to Nonresidents

The IRS Form 1042-S should be filed by a U.S. person or company that makes payments of U.S. source income to a nonresident.

In this video, I cover a common example where a U.S. corporation is making a payment of U.S. source dividend income to a nonresident shareholder.

Purchase our tax guides and tutorials here:
https://www.udemy.com/user/jason-knott-2/
https://gumroad.com/jasondknott

Check out our website for more posts:
https://www.lawofficesofjasonknott.com/blog/

Need more help? Schedule a consultation:
https://calendly.com/jason-knott

Follow Jason here:
Twitter: https://twitter.com/jasondknott
Instagram: https://www.instagram.com/jasondknott
TikTok: https://www.tiktok.com/@jasondknott
LinkedIn: https://www.linkedin.com/in/jason-d-knott/
Patreon: https://www.patreon.com/jasonknott
Quora: https://www.quora.com/profile/Jason-Knott-17

#IRS #Form1042S #Chapter3

DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.