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Screen 1042S - Withholding US Income

Use this screen to record information from the client's Form 1042-S – Foreign Person’s U.S. Source Income Subject to Withholding. When you enter withholding on this screen, it reports on Form 1040NR, line 62d. The tax application uses this information to produce Form 1042-S ELF, which is attached to the electronic file submitted to the IRS.
By default, income on the 1042S screen reports on Form 1040NR, page 4, as not effectively connected income. To report the income from the taxpayer’s Form 1042-S as effectively connected income, mark this field and report the income on the appropriate input screen. If the income from the taxpayer’s Form 1042-S isn't effectively connected but has been reported on another input screen, mark this field. If this field is marked, only the withholding on the 1042S screen reports on Form 1040NR.
Income on the 1042S screen reports as not effectively connected income on Form 1040, page 4, unless the
Do not report on Form 1040NR, page 4
 field is marked. Income codes 9, 36, and 37 report on Schedule NEC (Form 1040NR, Page 4), line 16. To report the additional information required for capital gains from sales or exchanges of property, use the 1042S-2 screen to enter the date acquired, date sold, and cost or other basis.
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