1042-S Help Center

Training Resources

The 2015 Master Guide to Form 1042-S Textbook

Today there is a significant risk for a U.S. business that does not build thorough W-8 and 1042-S compliance into its processes for Ac­counts Payable, Tax, and Treasury operations. Even small companies today frequently contract with foreign businesses, borrow from foreign banks, pay royalties for foreign-held patents and copyrights, pay for electronic access to material or services furnished by a foreign company, and generally operate in a global marketplace. This book provides a framework of basic concepts, definitions, rules, and forms for a very complex area of tax compliance.

To learn more about the book's content, click here.  

AP & P2P Network Members have access to the most accurate and comprehensive resources available for 1042-S Filing:

Definitions and Explanations

The Basics


Updates & Special Reporting Issues

Tools and Templates

1099 Information Return Reporting Templates will take you to these downloadable tools, plus the latest IRS Forms and Instructions:

    • Overview Forms W-8 & W-9

    • W-8 Vendor Request Letter Template

    • IRS Requestor Instructions W-8

    • IRS Instructions for Form W-8BEN

    • IRS Instructions for Form W-8BEN-E

    • IRS Form W-8BEN

    • IRS Form W-8BEN-E

    • IRS Instructions for Form W-8ECI

    • IRS Instructions for Form W-8EXP

    • IRS Instructions for Form W-8IMY


Benchmarks: Information Return Filing Practices

1099 (& 1042-S) Calendar

Calendar of 1099 Information Reporting Events

Canada: Payment Reporting

Contract Services Payment Reporting Requirements in Canada

Benchmarks, best practices, and the keys to compliance — all at your fingertips 24/7.

Members of the AP & P2P Network have anytime access to hundreds of tools, templates, policies, checklists and calculators for every area of AP & P2P — plus exclusive benchmarking metrics, critical compliance updates and much more. In short, they’ve discovered that membership keeps them working smarter, not harder.


Answers to your tough questions

Online Training

Educational resources to boost your career


Connect with your peers in AP & P2P


Time-saving templates, calculators, checklists and more

Keeping Ahead

The latest research and trends


Critical compliance updates and deadlines


Exclusive research and metrics to guide you and your team

Time & Money

Save time and avoid costly penalties