How can i enter taxes withheld from 1099 DIV for 1040 NR

1 reply
31 views

No text available

ProConnect Tax Online

This topic has been closed for replies.

itonewbieAnswer

Level 15

There should normally not be any withholding on 1099-DIV unless the taxpayer is subject to backup withholding. Furthermore, 1042-S instead of 1099-DIV should be issued to NRAs who have a W-8BEN on file with the withholding agent.

For 1042-S, you'd make the input under Miscellaneous Forms > Foreign Withholding (RRB-1042S, 1042-S, SSA-1042S).

---------------------------------------------------------------------------------Still an AllStar

itonewbieAnswer

Level 15

There should normally not be any withholding on 1099-DIV unless the taxpayer is subject to backup withholding. Furthermore, 1042-S instead of 1099-DIV should be issued to NRAs who have a W-8BEN on file with the withholding agent.

For 1042-S, you'd make the input under Miscellaneous Forms > Foreign Withholding (RRB-1042S, 1042-S, SSA-1042S).

---------------------------------------------------------------------------------Still an AllStar

Sign up

Login with SSO

Let's get you signed in

Login with SSO