1042-S Software: Amended Form 1042-S
Amendments take time. We can electronically file amendments of Form 1042-S on your behalf for current or prior years. Please contact our sales office at (480) 460-9311 for more information and to order this service.
Here is what we would need:
- The record you want to correct along with the Unique Form Identifier that was used to identify that record. The Unique Form Identifier is a 10-digit number that withholding agents assigned to each Form 1042-S filed starting in tax year 2017. We need that 10-digit number along with how many other times you have successfully filed an amendment to this specific record. If this is the first time you have filed an amendment to a specific 1042-S form, then the amendment number would be 1.
What happens if you need to file an amendment to a Form 1042-S filed in tax year 2016 or earlier when the Unique Form Identifier never existed? In this case, you would generate and assign a random 10-digit Unique Form Identifier now to an old 1042-S form that was filed.
- What are you trying to correct or amend? There are different types of corrections.A 1-step correction is when you are amending a money amount, a code of some sort (such as the income, exemption or status codes), a withholding agent address or if you are trying to a void the original transaction.
A 2-step correction is when you are trying to correct a TIN or a recipient name or a recipient address. Here, the 1st step is the original incorrect TIN/name that you used and the money amounts are set to 0. This void the original transaction. The 2nd step has the correct name/TIN and correct money amounts and its identified as an Amendment.
Amendments are filed using the most current form, layout and codes.
Call us and we can help. Or send us an email at support@1099fire.com.
by 
Erich J. Ruth
Erich J. Ruth provides technical support for National Software which is the parent company for 1099FIRE. 1099FIRE develops and markets a comprehensive range of products that enables any size of business or institution to effectively manage and comply with year-end filing requirements. 1099FIRE is an employee-owned company located in Phoenix, Arizona.
If you have any questions or comments about our software, feel free to contact us at any time.
Hi,
My name is Diane Hussing, Internal Compliance Officer for Grand Portage Casino in Grand Portage MN. I have been given the task for the past years of assisting our Canadian Customers with IRS tax issues. I have not completed any amendments for the 1042-S 2017 form before using the 1099FIRE Program. Our submission went through and marked as “good” on April 24,2017. I need to add an ITIN number to the customers form and then I am assuming I would need to resubmit. I’m wondering if you might be able to walk me through the entire amendment process,
Thank-you
Diane Hussing
Internal Compliance Officer
Grand Portage Casino
218-475-2950
How many forms do you need to add an ITIN number to? You want to put together a file that
just has those records that you are correcting. Then when you click on File Information Returns Electronically,
the software will ask for the transmitter information; there is also a field that as what type of submission this is.
Click on 1-step. Create a new fire.txt file and upload as a correction.
click on File