1441 Tax Withholding calculates the amount of U.S. withholding tax required on FDAP income paid to non-residents. It can be interfaced with your existing withholding system.

1441 Tax Withholding provides the following functionality:

• A process that determines the proper withholding percentage for all NRA U.S. source income events based on the 1441 Regulations. This process references the documentation requirements for the NRA account receiving the income. Based on the documentation required, the documentation provided, and the income information available for the account, this process will then return a withholding tax percentage (statutory or applicable treaty rate).
• Ability to do 1042-S reporting for documented and undocumented NRA accounts. The External Reporting Module will generate 1042-S information for all NRA accounts and their underlying NRA beneficial owners. Withholding and income data for all NRA accounts and their underlying NRA beneficial owners will be collected continually through the 1441 Tax Withholding System.
• Internal reports for assistance in generating IRS Form 1042. The Internal Reporting Module generates internal reports that can be used to expedite the year-end 1042 reporting process to the IRS.