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Form Printable W2 2023 Texas Dallas: What You Should Know

Form 1042-S is issued by the University of Texas at Dallas to report amounts paid to foreign persons that are subject to federal income tax withholding, and Social Security taxes on wages reported during the calendar year. Use this form when you make payable U.S. source payments of a  fair market value, less than your adjusted gross income (AGI), and any other required deductions and contributions that may be claimed under the Internal Revenue Code. Note: If a foreign government or a United States territory or possession imposes a tax (including a  foreign personal income tax) on your wages, then that tax is required to be reported in box 1a of Form 1042-S, and to be reported on your return for the year that you paid it. If you are required to file a U.S. income tax return that  provides for tax withholding, then the IRS will withhold any amount from your wages that is not reported in box 1a on Form 1042-S.

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