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Twitch and YouTube Form 1042-S

Twitch streamers and YouTube channel creators that are non-U.S. persons may receive a Form 1042-S at the end of each year. This information reports your U.S. source royalty income and federal withholding taxes.

Jason Knott2024-07-08T13:37:38+00:00Tags: Form 1042-S, Form 1099, Form W-8BEN, Form W-8BEN-E, Twitch, YouTube|

Twitch & YouTube Forms 1042-2 and 1099s, and W-8BEN

Online creators receive royalty income from advertisements run on their channels. This royalty income may consist of U.S. source income which is taxable when paid to nonresident creators. This article and video discusses those tax rules and the various forms.

Jason Knott2024-08-22T13:49:38+00:00Tags: FDAP, Form 1042, Form 1099, Royalty Income, Tax Treaty, Twitch, Withholding Taxes, YouTube|

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