Form 1042-T

Form 1042-T

A form that one files with the IRS to summarize Form 1042-S and to transmit the information contained on it to the IRS.
References in periodicals archive ?
Form 1042-T is the transmittal form (annual form to accompany the Forms 1042-S [copy A] to the IRS) to report the tax withheld and the tax deposited corresponding to the Forms 1042-S.
Form 1042-T is filed to summarize all Forms 1042-S issued in a tax year.
Source Income Subject to Withholding, and Form 1042-T, Annual Summary and Transmittal of Forms 1042-S.