Year-end 2022 Update for Form 1042-S Reporting Payments to Foreign Vendors | Product

Updates and changes impact your 2022 required Form 1042-S reporting to the IRS of payments made to foreign vendors, foreign contractors and consultants, foreign students, speakers, performers and athletes. Join us to learn what’s new and required for:

• 2022 changes in the reporting Codes used on IRS Form 1042-S
• Changes in IRS electronic filing requirements for 2022 Forms 1042-S
• Impact of new IRS official guidance including regulations and instructions issued in 2022
• Types of payments which require reporting on Form 1042-S
• Due dates for filing to the IRS and furnishing recipient copies
• Procedures for extension of your filing deadline
• Box-by-box explanation of the information reported on Form 1042-S

Learning Objective:

Identify changes in Form 1042-S reporting for tax year 2022