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Where can I find additional information about NRA reporting and withholding?

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You can find additional information about NRA (nonresident aliens) reporting and withholding in the following resources:

  1. Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities: This publication provides comprehensive information about NRA reporting and withholding responsibilities, including the types of income subject to withholding, the applicable withholding rates, and the procedures for withholding and reporting.
  2. Treasury Regulations: Specifically, Treas. Reg. Sec. 1.1441-2 provides detailed rules regarding the withholding of tax on U.S. source income paid to foreign persons. This regulation outlines the types of income subject to withholding, the exceptions to withholding, and the documentation requirements for establishing foreign status.
  3. Internal Revenue Code (IRC) Sections 1441, 1442, and 1443: These sections of the IRC govern the withholding of tax on nonresident aliens and foreign corporations. They provide the statutory basis for the withholding requirements and the applicable withholding rates.
  4. IRS Form Instructions: The instructions for Forms 1042, 1042-S, and W-8 series (W-8BEN, W-8BEN-E, W-8ECI, W-8EXP, and W-8IMY) provide specific guidance on how to complete these forms, the information required, and the procedures for filing and reporting.
  5. IRS FAQs: The IRS frequently asked questions (FAQs) section provides answers to common questions about NRA withholding and reporting, including definitions, sourcing rules, and the responsibilities of withholding agents.
  6. Internal Revenue Manual (IRM): The IRM, particularly Part 4 (Examining Process) and Part 3 (Submission Processing), contains detailed procedures for examining returns, processing withholding returns, and handling errors related to NRA withholding and reporting.
  7. IRS Website: The IRS website (IRS.gov) offers a wealth of information, including publications, forms, instructions, and other resources related to NRA withholding and reporting.

By consulting these resources, you can gain a thorough understanding of the requirements and procedures for NRA withholding and reporting.

Sources:
Publication 515 (2024)
Publication 519 (2023)
Instructions for Form 1042 (2023)
Instructions for Form 1042-S (2024)
IRM Part 4. Examining Process. Chapter 10. Examination of Returns. Section 21. U.S. Withholding Agent Examinations - Form 1042
IRM Part 3. Submission Processing. Chapter 22. International Error Resolution. Section 110. Processing Form 1042 Withholding Returns

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