2023 Form 1042-S - Foreign Person Us Source Income Subject To Withholding

Form 1042-S is a United States federal income tax form that foreign entities are required to complete if they pay income to non-resident alien individuals or U.S. controllable foreign corporations (CFCs). This form serves as the official notification of foreign income payments and, as such, the primary function of the 1042-S is to help ensure that foreign income is properly reported and taxed.