linda-boyce
Level 1
12-07-2019
08:33 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Solved! Go to Solution.
Labels
itonewbie
Level 15
12-07-2019
08:33 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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
Still an AllStar