form 1042-s code 15

Follow these steps:

First - Save a copy of your original file by downloading or printing a copy for your records.

Second - You will need to file an amended return with federal. If you file state taxes, amend your state as well. See How do I amend my federal tax return for this year? and I need to amend my state return.

Third - Enter the income.

Income code 15 is retirement income. Exemption code 15 is not subject to withholding. This means you only have income to enter and no foreign tax paid on it.

For a Code 15, you will report this income in the Retirement Income section using a Substitute 1099 R.
 

• Select Federal Taxes
• Select Show More at Retirement Income
• Select Start or Update at IRA, 401k, Pension Plan
• Check Yes when asked if you had this type of income
• Check I'll Type It Myself
• When asked for EIN /TIN enter 99-9999900.

Fourth - Be sure to enter the amount of refund already received as you go through the program. See it on line 18 of the 1040x.

Fifth - E-file federal and state, if possible. See Can I e-file my amended state return?

If you must mail your state, be sure to sign and date. Mail with tracking and no signature required.

Sixth - make any payments due online. For the federal, Payments for your state check here.