Irs Updates Publication On Electronic Filing For Foreign Person's U.S.-Source Income.

The IRS has updated (Rev. Proc. 2010-33, 2010-38 IRB 347) Publication 1187, providing specifications for electronically filing Form 1042-S, "Foreign Person's U.S. Source Income Subject to Withholding." Rev. Proc. 2010-33 supersedes Rev. Proc. 2009-35.

Modifications to the publication include the addition of a code under the "Recipient 'Q' Record" section for when taxpayer identification numbers are required but the information is unavailable; a change in contact name from "IRS/ECC-MTB" to "IRS/IRB (Information Returns Branch)" and from "Information Reporting Program" to "Information Returns Branch"; the addition of Mail Stop 4360 to the mailing address; and the addition of Income Code 20 to the "Recipient 'Q' Record."