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1042-S reporting scenarios
January 6, 2022
Q. My first question is in relation to payment of $600 made to a resident of Chile. The individual stayed in the United States for 2 days and received an honorarium. Do I withhold 30% from the payment and file a 1042-S?My second question relates to an individual who performs services outside of the United States in a non treaty country but receives US income. Should 30% tax be withheld from payment and file a 1042-S?
A.
(Answered by a 3rd party, independent advisory services firm offering…
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