- Membership
- Certification
- Events
- Community
- About
- Help
Is it necessary to file a 1042-S form if no tax was withheld?
October 31, 2023
Q. We have a non-US vendor's W-8BEN-E and their form says they are exempt from withholding. The purchase is software, therefore the amount withheld is zero. Do we file a 1042-S with the IRS showing zero dollars withheld from this vendor?
A.
(Answered by IOFM's third-party tax experts)
Assuming your office has reviewed the Form W-8BEN-E to confirm it's a complete and valid form, both for the certification of non-U.S. status and for the claim of zero withholding under benefit of the applicable…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
