A 1042-S is a tax withholding document issued by a US payor for income paid to a foreign person / non resident of the US. The document shows the gross income received and any tax withheld (nil to 30%). The 1042-S is used to file a US tax return where tax has been over withheld (and in some cases underpaid) and will also be attached to the tax return to obtain the refund (proof of withholding tax paid). What sorts of income are shown on the 1042-S? Every type of income is show

The American rental firm Vrbo (taken over by HomeAway.com) is an online rental agent (similar to AirBnB). As they are US based they are required to identify foreign owners and withhold the appropriate tax if a US tax identification number has not been provided to them. When you own US rental property, you are required to file Federal tax returns each year for the income earned (on Form 1040NR). Depending on the state the property is based in, you may also have to file a State