Form 1042-S Template

Use this form to report a foreign person’s U.S. source income subject to withholding.

By using this template, you agree to our Template Terms of Use.

Why use a Form 1042-S?

This form reports U.S. source income, withholding, recipient details, and withholding agent information.

Report U.S. source income

Record gross income, income code, withholding allowance, and net income.
Capture withholding details

List tax withheld, withholding credit, and tax paid by withholding agent.
Identify reporting parties

Capture withholding agent, recipient, intermediary, payer, and state details.

This template includes income, withholding, recipient, withholding agent, intermediary, payer, and state tax fields.

Income and tax fields
Captures income code, gross income, tax rate, withholding allowance, and net income.
Withholding details
Records federal tax withheld, other agent withholding, and total withholding credit.
Withholding agent section
Captures EIN, status codes, GIIN, country code, FTIN, name, and address.
Recipient information
Records recipient name, country code, address, TIN, status codes, and account details.
Intermediary and payer fields
Includes intermediary, flow-through entity, payer, and state tax information.