Yearli can help accounting firms and third-party administrators (PEOs, Reporting Agents, Benefits Administrators) with the entire year-end filing process. Learn More

1042-S

Foreign Person's U.S. Source Income Subject to Withholding

Use Form 1042-S to report:

  • Income and amounts withheld as described in the Instructions for Form 1042-S.
  • Specified Federal procurement payments paid to foreign persons that are subject to withholding under section 5000C.
  • Distributions of effectively connected income by a publicly traded partnership or nominee.
IRS Instructions for Form 1042-S

Supported 1042-S Forms

We've made it easy to file your 1042-S forms. Simply create a Yearli Premier account, import your data directly using our custom template, review your data and checkout. It's that easy. Yearli will file your forms to the IRS and send copies to your recipients.

Core

Sign Up
Free
Annual Subscription + Filing Fees

Performance

Sign Up
$99
Annual Subscription + Filing Fees

Premier

Sign Up
$699
Annual Subscription + Filing Fees

Custom

Sign Up
Custom
Annual Subscription + Filing Fees

Filing Requirements & Deadlines

Form 1042-S must be provided to the IRS and recipient.

IRS

Due March 15, 2022

Recipient

Due March 15, 2022

Estimate Your Filing Cost

A Yearli Premier account is required to file Form 1042-S. The annual subscription price for Yearli Premier is $699. The cost to file each 1042-S is $10.00. The filing cost includes filing to the IRS and sending copies to your recipient (mail & email).

What Our Customers Are Saying

4.8
Out of 5.0
Overall rating
based on 60,000+ ratings and reviews.
97%
of customers that buy from this merchant give them a 4 or 5-Star rating.
Michelle B McKinney | October 6, 2021
Entering the same information over and over is time consuming
ROBERT BLAKE | October 4, 2021
GOOD
Barbara Hartz | October 3, 2021
Reassuring and stress reducing!
Armen Avedian | October 2, 2021
Quick & Easy.
Lisa Peter | October 1, 2021
I was all upset about my typo on a vendor's 1099-NEC. Logged into our account and was able to get a corrected 1099-NEC right away.
Read More Reviews

Speak to a Filing Expert

Need more information about filing forms through Yearli? Submit your email address and one of our filing experts will contact you within 24 hours. If you need immediate assistance, please call us at (800) 968-1099.