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IRS Notice 2024-2026

September 25, 2024
September 25, 2024

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Q. For 2024, will IRS Notice 2024-26 apply? Will it be required to file 1042-S electronically and the form 1042 by paper for 2024 forms? A. (Answered by IOFM's third-party tax experts) IRS Notice 2024-26 granted an administrative exemption for withholding agents to the electronic filing requirement for Form 1042 which applied for TY 2023 returns due to be filed with the IRS by March 15, 2024.  The electronic filing requirement under Reg. sec. 301.6011-15(a)(1) remains in place for 2024 Forms…

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