This announcement provides updated information to Publication 1187, Specifications
for Filing Form 1042-S, Foreign Person’s U.S. Source Income Subject
to Withholding, Electronically or Magnetically. This information
is general in nature. There are no legislative or format changes. Information
provided in Rev. Proc. 2004-63, 2004-45 I.R.B. 795 (dated November 8, 2004),
is still valid with the exception of the following items:
-
The Martinsburg Computing Center was renamed the Enterprise Computing
Center-Martinsburg (ECC-MTB).
-
IRS/ECC-MTB now offers an Internet connection at http://fire.irs.gov for
electronic filing. The FIRE System will be down from December 23, 2005, through
January 3, 2006, for upgrading. It is not operational during this time for
submissions.
-
Beginning in Tax Year 2006, processing year 2007, IRS/ECC-MTB will no
longer accept 31/2-inch
diskettes for filing 1042-S information returns.
-
Additional special characters were added (e.g.,
period, apostrophe, pound sign and forward slash). The special characters
can be used in the ”W” record, fields 14-133 Withholding Agent’s
Name Line 1-3; fields 134-213 Withholding Agent’s Street Line 1 &
2; ”Q” record, fields 94-213 Recipient’s Name Line 1-3;
and, fields 214-293 Recipient’s Street Line 1 & 2.
-
IRS/ECC-MTB strongly encourages all electronic or magnetic media filers
to submit a test. Testing dates will be November 1, 2005 through December
15, 2005.
-
The following change was made to the Withholding Agent ”W”
Record, field position 13, field title Withholding Agent’s EIN Indicator:
-
Note: Use EIN indicator 1 only if
the Withholding Agent’s EIN begins with ”98” and the
Withholding Agent’s City, State and Country Code fields indicate that
the Withholding Agent is not a U.S. Withholding Agent.
Publication 1187 is available through the IRS Website www.irs.gov.
You can either: Search all IRS Bulletin Documents issued since January 1996, or Search the entire site. For a more focused search, put your search word(s) in quotes.
