Notice 2024-26: Administrative exemption from requirement to electronically file Form 1042
Withholding agents are administratively exempt from the requirements to electronically file Forms 1042 required to be filed in calendar year 2024
Administrative exemption from requirement to electronically file Form 1042
The IRS today released Notice 2024-26 [PDF 108 KB] announcing that withholding agents (both U.S. and foreign persons) are administratively exempt from the requirements to electronically file Forms 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, required to be filed in calendar year 2024.
In addition, withholding agents that are foreign persons are administratively exempt from the requirements to electronically file Forms 1042 required to be filed in calendar year 2025.
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