0

I have received 1042-S which contain income code 37, which is the return of capital. This amount is not taxable to me and the amount withheld was already repaid to me. Is there a need to report it somewhere in the 1040NR (which line or schedule).

I am a non resident alien. Thank you.

1

No need to report as income. Return of capital doesn't go anywhere on the tax return. This is true for residents & non-residents.

| improve this answer | |

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.