Form 1042-S

Form 1042-S reports wage payments for foreign nationals who are exempt from U.S. taxation under a tax treaty. This form is also used to report non-wage payments for foreign nationals who are also nonresident aliens. Foreign nationals qualified to receive the 1042-S must attach the form to their tax returns.

Wages subject to U.S. taxation are reported on a W-2 form, not the 1042-S form.

See IRS Forms and Publications for more details. For other questions about the 1042-S, please contact us.

1042-S forms are generated for individuals who:

• Received a fellowship/scholarship/grant in excess of tuition charges.

AND/OR

• Received compensation/wages/earnings exempt from income tax withholding (federal and state) due to a treaty article agreement between the U.S. and the individual's country of tax residence.

Note: If only a portion of compensation/wages/earnings were exempt from income tax withholding due to a treaty article agreement, ONLY that portion would be reflected on the 1042-S form.

1042-S forms are NOT generated for individuals who:

• Received a fellowship/scholarship/grant that were from a non-U.S. source.
• Received fellowship/scholarship/grant that was less than the tuition charged during the calendar year.

AND/OR

• Received compensation/wages/earnings that HAD income taxes (federal and state) withheld.