We have prepared updated 1042 instructions for this 1042-S season. Below you will find instructions on how to generate and e-file your 1042 within Calculus.
Please note, e-filing of the 1042 will not be immediately available with this update. You will receive a notification when you can start the 1042 e-filing process.
To access the 1042 module, click on the E-File button within the 1042-S List which you can access from the left side panel.
The E-File button opens the right-side panel below, where you can see the Generate 1042 button.
When you select the ‘Generate’ 1042 button, you will see a pop-up screen with the option to either use Calculus Data to complete your 1042 OR to use data collected outside of Sprintax Calculus to complete form 1042 (self-fillable form). Regardless of which method you choose to add payment data from your 1042-S forms, make sure that all payment data gets entered onto your 1042.
If you have 1042-S forms generated by the Payment Entry Module (PEM), you may select ‘I want to use Calculus data to complete Form 1042’ to auto-populate the form with data from the PEM.