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Release Notes
This is the Early Release of 1042-S Pro for 2016.
*Please refer to IRS instructions for full detail of 2016 changes (http://www.irs.gov/pub/irs-pdf/i1042s.pdf)
UPDATED:
- Built in reports have been updated form the box changes.
- All default maps and sample import files have been updated for 2016.
- Print layouts for all copies have been updated for 2016.
- All help files have been updated for 2016.
FORM CHANGES:
- Renumbered boxes for 2016.
- New Withholding Agent Status Codes
- Ch3 - Code 34
- Ch4 - Code 50
- New Box 13J for new LOB codes
- New Boxes 16D and 16E for Payer Status Codes
References:
Publication 1187 see http://www.irs.gov/pub/irs-pdf/p1187.pdf
Publication 515 Withholding on Tax on Nonresident Aliens and Foreign Entities http://www.irs.gov/pub/irs-pdf/p515.pdf
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