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1042-S Reporting Requirements for Payments to Foreign Vendors
August 13, 2025
Q. We are looking in to 1042 reporting and if we are required to report. If we pay any foreign vendor are we required? Or are we only required if we withhold? We do not do any withholdings with any vendors, foreign or US, because we always receive a W8 or W9 before we make a payment. I did look this up, but am not sure if we are required or not since we do not withhold. Would someone be able to give me a little more insight in to these reporting requirements?
A.
(Answered by IOFM's third-party…
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