Instructions for Form 1042-S - Notices
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
Privacy Act and Paperwork Reduction Act Notice.
We ask for the information on this form to carry out the Internal Revenue laws of the United States. Sections 1441, 1442,
and 1446 (for PTPs)
require withholding agents to report and pay over to the IRS taxes withheld from certain U.S. source income of foreign persons.
Form 1042-S is used to
report the amount of income and withholding to the payee. Form 1042 is used to report the amount of withholding that must
be paid over to the IRS.
Section 6109 requires you to provide your taxpayer identification number (SSN, EIN, or ITIN). Routine uses of this information
include giving it to
the Department of Justice for civil and criminal litigation, and cities, states, and the District of Columbia for use in administering
their tax laws.
We may also disclose this information to other countries under a tax treaty, to federal and state agencies to enforce federal
nontax criminal laws, or
to federal law enforcement and intelligence agencies to combat terrorism. If you fail to provide this information in a timely
manner, you may be
liable for penalties and interest.
You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless
the form displays a valid
OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may
become material in the
administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by
section 6103.
The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time
is 36 minutes.
If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would
be happy to hear from
you. You can write to the Internal Revenue Service, Tax Products Coordinating Committee, SE:W:CAR:MP:T:T:SP, 1111 Constitution
Ave. NW, IR-6406,
Washington, DC 20224. Do not send the form to this address. Instead, see Where, When, and How To File on page 1.