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14129: Form 1042-S


1040 Individual Data Entry

My client received a Form 1042-S. Where can I record that information on the return?
 

Beginning with Drake16, a 1042 Foreign Person's U.S. Source Income Subject to Withholding screen is available. This screen resembles the issued 1042-S form that the taxpayer received. This screen can be located in data entry on the Foreign tab> 1042 screen. 

There are several required data entry points if this screen is used on an e-filed 1040-NR return. These fields are highlighted in light blue. 


In Drake15 and prior years, some possible Drake Software data entry points for Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding include:

  • 2555 screen
  • NR screen (1040NR)
  • Screen 3, line 21

For more information, see the Instructions for Form 1042-S.


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