1042 vs 1099: How to file your taxes
Payoneer
APRIL 15, 2023
1042s vs. 1099s forms: who needs to file these IRS tax documents? Source: IRS.gov Form 1042 When it comes to U.S. financial reporting, two forms that are commonly used include the 1042s vs. 1099 tax forms. To help you better understand when and why you might need to use these forms, we spoke with Ran Admoni, Payoneer’s tax products manager. The 1042 form reports tax withheld on certain income paid to foreign persons, such as nonresident aliens, [foreign] partnerships, corporations, estates
26 
Let's personalize your content