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Forms 1042 and 1042-S Reporting Updates

CPE 1.0

Webcast

Webcast overview

Are you confident your organization is meeting its federal tax reporting obligations when issuing payments to non-U.S. entities or individuals? Staying current with evolving Form 1042 and Form 1042-S reporting requirements is essential to avoid costly errors and increase compliance.

Join us for an engaging webcast designed to demystify the reporting process, clarify what needs to be reported, and provide practical guidance on the forms and meeting filing deadlines.

KPMG LLP (KPMG) is pleased to invite you to a one-hour webcast featuring professionals from our Information Reporting & Withholding Tax practice and Washington National Tax. Our presenters will walk you through the latest updates, common challenges, and best practices for 2026 Form 1042 reporting. 

During this session, they will cover:

  • Form 1042 and 1042-S reporting overview
  • How to determine which payments are subject to Form 1042 reporting
  • Changes for the 2026 reporting year
  • Guidance on completing Forms 1042 and 1042‑S
  • Common pitfalls to avoid
  • IRS notices and enforcement trends

Continuing education

There will be one continuing professional education (CPE) credit available to participants who participate in the live webcast and meet the eligibility requirements. The webcast will last approximately one hour.

After registering for this event, you will receive webcast log‑in instructions.

CPE credit is not available for viewing webcast replay.

Meet our webcast team

Image of Jesse F. Eggert
Jesse F. Eggert
Senior Managing Director, Washington National Tax, KPMG US
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Image of Elis Prendergast
Elis Prendergast
Principal, Information Reporting & Withholding Tax, KPMG US
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Image of Kelli Wooten
Kelli Wooten
Principal, Information Reporting & Withholding Tax, KPMG US
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Image of Meghan Anderson
Meghan Anderson
Managing Director, Information Reporting & Withholding Tax, KPMG
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Image of Elis Prendergast
Elis Prendergast
Principal, Information Reporting & Withholding Tax, KPMG US
Read bio
Image of Kelli Wooten
Kelli Wooten
Principal, Information Reporting & Withholding Tax, KPMG US
Read bio
Image of Meghan Anderson
Meghan Anderson
Managing Director, Information Reporting & Withholding Tax, KPMG
Read bio

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Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2026 KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

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