IRS Form 1042-T 2018 Annual Summary and Transmittal of Forms 1042-s

IRS Form 1042-T is a U.S. Department of the Treasury - Internal Revenue Service - issued form also known as the "Annual Summary And Transmittal Of Forms 1042-s".

A PDF of the latest IRS Form 1042-T can be downloaded below or found on the U.S. Department of the Treasury - Internal Revenue Service Forms and Publications website.

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DO NOT STAPLE
1042-T
Annual Summary and Transmittal of
OMB No. 1545-0096
Form
Forms 1042-S
2018
Department of the Treasury
Go to www.irs.gov/Form1042T for the latest information.
Internal Revenue Service
Name of withholding agent
Ch. 4 Status Code
Employer identification number
Ch. 3 Status Code
Number, street, and room or suite no.
City or town, state or province, country, and ZIP or foreign postal code
1
Type of paper Forms 1042‐S attached:
Chapter 4 or Chapter 3 (enter 4 or 3)
a Choose only one:
b Check only one box:
Original
Amended
c Check if pro-rata
d Enter the number of paper Forms 1042‐S attached
2
Total gross income reported on all paper Forms 1042-S (box 2) attached .
.
.
.
.
.
.
.
.
$
3
Total federal tax withheld on all paper Forms 1042-S attached:
a Total federal tax withheld under Chapter 4 .
$
.
.
.
.
.
.
.
.
.
.
b Total federal tax withheld under Chapter 3 .
.
.
.
.
.
.
.
.
.
.
$
Caution: If you have already filed a Form 1042 and an attached Form 1042-S causes the gross income or tax withheld
information shown on your previously filed Form 1042 to change, you must file an amended Form 1042. See the
instructions on page 2.
If this is your FINAL return, enter an “X” here (see instructions)
Please return this entire page to the Internal Revenue Service.
Under penalties of perjury, I declare that I have examined this return and accompanying documents and, to the best of my knowledge and
belief, they are true, correct, and complete.
Sign
Here
Your signature
Title
Date
Daytime phone number
1042-T
For more information and the Privacy Act and Paperwork Reduction Act Notice, see Form 1042-S.
Form
(2018)
Cat. No. 28848W
DO NOT STAPLE
1042-T
Annual Summary and Transmittal of
OMB No. 1545-0096
Form
Forms 1042-S
2018
Department of the Treasury
Go to www.irs.gov/Form1042T for the latest information.
Internal Revenue Service
Name of withholding agent
Ch. 4 Status Code
Employer identification number
Ch. 3 Status Code
Number, street, and room or suite no.
City or town, state or province, country, and ZIP or foreign postal code
1
Type of paper Forms 1042‐S attached:
Chapter 4 or Chapter 3 (enter 4 or 3)
a Choose only one:
b Check only one box:
Original
Amended
c Check if pro-rata
d Enter the number of paper Forms 1042‐S attached
2
Total gross income reported on all paper Forms 1042-S (box 2) attached .
.
.
.
.
.
.
.
.
$
3
Total federal tax withheld on all paper Forms 1042-S attached:
a Total federal tax withheld under Chapter 4 .
$
.
.
.
.
.
.
.
.
.
.
b Total federal tax withheld under Chapter 3 .
.
.
.
.
.
.
.
.
.
.
$
Caution: If you have already filed a Form 1042 and an attached Form 1042-S causes the gross income or tax withheld
information shown on your previously filed Form 1042 to change, you must file an amended Form 1042. See the
instructions on page 2.
If this is your FINAL return, enter an “X” here (see instructions)
Please return this entire page to the Internal Revenue Service.
Under penalties of perjury, I declare that I have examined this return and accompanying documents and, to the best of my knowledge and
belief, they are true, correct, and complete.
Sign
Here
Your signature
Title
Date
Daytime phone number
1042-T
For more information and the Privacy Act and Paperwork Reduction Act Notice, see Form 1042-S.
Form
(2018)
Cat. No. 28848W
2
Form 1042-T (2018)
Page
Instructions
Line 1. You must file a separate Form 1042‐T for each type of
paper Form 1042‐S you are transmitting.
Future Developments
Line 1a. Withholding agents are not permitted to file a single
Form 1042‐T to transmit both chapter 4 and chapter 3 amounts.
For the latest information about developments related to Form
Withholding agents must indicate either chapter 4 or chapter 3
1042-T and its instructions, such as legislation enacted after
to designate the chapter for which they are filing a given Form
they were published, go to www.irs.gov/Form1042T.
1042‐T. The chapter you designate on this form must be the
Purpose of Form
same as that on all attached Forms 1042‐S. See Chapter
indicator in the Form 1042‐S instructions for additional
Use this form to transmit paper Forms 1042-S, Foreign Person’s
information.
U.S. Source Income Subject to Withholding, to the Internal
Line 1b. Check either the Original or Amended box (but not
Revenue Service. Use a separate Form 1042-T to transmit each
both).
type of Form 1042-S (see the instructions for line 1 below).
Line 1c. Check the box on this line 1c if you are filing pro‐rata
Electronic Filing Requirement
Forms 1042‐S (see Form 1042‐S instructions).
If you file 250 or more Forms 1042-S, you are required to submit
As a result of the above rules, there are eight possible types
them electronically. If you submit fewer than 250 Forms 1042-S,
of Form 1042‐S that may be transmitted, and each type requires
you are encouraged to file them electronically. If you are a
a separate Form 1042‐T.
financial institution, you are required to submit Forms 1042-S
electronically irrespective of the number of Forms 1042-S you
• Chapter 4, original, pro‐rata.
submit. If you submit Forms 1042-S electronically, do not use
• Chapter 4, original, non‐pro‐rata.
Form 1042-T. See the Instructions for Form 1042 for the
• Chapter 4, amended, pro‐rata.
definition of financial institution.
• Chapter 4, amended, non‐pro‐rata.
Filing Forms 1042 and 1042-S
• Chapter 3, original, pro‐rata.
Use of this form to transmit paper Forms 1042-S does not affect
• Chapter 3, original, non‐pro‐rata.
your obligation to file Form 1042, Annual Withholding Tax
• Chapter 3, amended, pro‐rata.
Return for U.S. Source Income of Foreign Persons.
• Chapter 3, amended, non‐pro‐rata.
If you have not yet filed a Form 1042 for 2018, you may send
Each type must be transmitted with a separate Form 1042-T.
in more than one Form 1042-T to submit paper Forms 1042-S
For example, you must transmit only Chapter 3, original, pro-
prior to filing your Form 1042. You may submit amended Forms
rata Forms 1042-S with one Form 1042-T.
1042-S even though changes reflect differences in gross
Line 2. Enter the total of the gross income amounts shown on
income and tax withheld information of Forms 1042-S
the Forms 1042-S (box 2) being transmitted with this Form
previously submitted with a Form 1042-T.
1042-T.
If you have already filed a Form 1042 for 2018 and an
Line 3. Enter the total of the federal tax withheld amounts
attached Form 1042-S caused the gross income or tax withheld
shown on all Forms 1042-S (total of amounts reported in boxes
information previously reported on line 62c or 63e of your Form
10 and 11) being transmitted with this Form 1042-T. On this
1042 to change, you must file an amended Form 1042.
Form 1042-T, complete either line 3a or line 3b, but not both. If
Where and When To File
you indicated “Chapter 4” on line 1a, complete line 3a to report
the total amounts withheld pursuant to chapter 4. If you
File Form 1042-T (and Copy A of the paper Forms 1042-S being
indicated “Chapter 3” on line 1a, complete line 3b to report the
transmitted) with the Ogden Service Center, P.O. Box 409101,
total amounts withheld pursuant to chapter 3.
Ogden, UT 84409, by March 15, 2019. Send the forms in a flat
mailing (not folded).
Final return. If you will not be required to file additional Forms
1042-S, including amended Forms 1042-S for the 2018 year (on
Line Instructions
paper or electronically), enter an “X” in the “FINAL return” box.
Identifying information at top of form. The name, address,
Paperwork Reduction Act Notice. The time needed to
EIN, and chapter 4 and 3 status codes of the withholding agent
complete and file this form will vary depending on individual
named on this form must be the same as those you enter on
circumstances. The estimated average time is 12 minutes.
Forms 1042 and 1042-S. See the Instructions for Form 1042 for
definition of withholding agent. See the Instructions for Form
1042-S for the withholding agent codes for the chapter 4 and 3
status codes. You must enter both a chapter 4 and a chapter 3
withholding agent status code regardless of the type of payment
being made.

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