Interest Reporting for Nonresident Aliens: Foreign & US Taxpayer ID Numbers

Compliance Frontline & New Accounts IRA Operations

On-Demand Webinar:

StreamedJan 12, 2022Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Tick tock! It’s that time of year again.

Among other tax-reporting duties, you must report interest for nonresident aliens. Although a somewhat complicated issue, this webinar will break down each form into manageable, understandable pieces. After this program, you’ll find that NRA interest reporting has never easier.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Complete W-8BENs and W-8BENEs to set up interest reporting
Conduct a line-by-line review of the 1042-S reporting of both Chapters 3 and 4
Find country codes and report using foreign taxpayer ID numbers
Appreciate US TINs’ importance in W-8BEN expiration
Understand the ins and outs of NRA interest reporting

Save when you buy the series!

WEBINAR DETAILS

Nonresident alien interest reporting is a complex topic, but this important session will parse it into manageable, bite-sized portions. It will cover W-8BEN and W-8BENE completion and the subsequent 1042 reporting. It will delve into Chapters 3 and 4 reporting on the 1042-S. Join us to learn what the reporting boxes on the 1042-S entail and how to accurately complete each one.

WHO SHOULD ATTEND?

This informative session will benefit deposit operations, deposit compliance, branch administration, and training staff.

TAKE-AWAY TOOLKIT

Withholding supplement
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits.

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

Presented By

Deborah Crawford