How it works

With over 20 years’ experience, our approach is to provide efficient reliable solutions. Data is collected using our intuitive Excel templates.

1. The first step is to collect administrative information, including company details, data for primary client contact and responsible officer;
2. Client completes and returns our Excel template that contains:
   • Form 1042 data on lines 59 to 71, Section 2 and Section 3;
   • Weekly or monthly tax liability (lines 1 to 60) for QIs reporting tax liability in Section 1;
   • Data reported on Schedule Q for QDDs.
3. QI Solutions provides a draft Form 1042 in pdf format for review:
   • Once approved we provide the client with an e-file authorization, Form 8879-WH, to be signed by the client;
   • Client will upload copies of Forms 1042-S received from its custodians (pdf format);
   • Form 1042 is then submitted via e-file with the IRS and QIS provides receipt of filing.

Benefits of our Form 1042 e-file Solution

• Over 20 years’ experience;
• IRS approved e-file provider;
• Secure, private on-line portal for document management;
• Filing original, amended and final Form 1042;
• Email and chat support;
• E-file solution supervised by a licensed US tax attorney;
• Intuitive Excel templates that minimize staff resources needed to provide necessary data;
• Validation of Form 1042 data for e-file requirements;
• Payment options include wire transfer or major credit card.

Assistance with preparing Form 1042

With over 20 years’ experience, QI Solutions can provide expert assistance with reconciliation, payments and refunds and form preparation, including Form 1042-S and 1099. Contact QI Solutions for further information.

Our QI and QDD electronic filing solutions

• Form 1042 via e-file
• Form 1042-S via IRIS (starting in 2027)
• Form 1099 via IRIS (starting in 2027)
• Form 1120-F (QDD)
• Form 8966 (FATCA reporting) via IDES

Contact QI Solutions for more information.