PEQ Newsletter
PEQ QI Information 01/2010

1042 Reporting Reminder
We would like to remind all QIs that the 1042 deadline of 15 March 2010 is rapidly approaching. Please make sure that you either file the required reporting forms by 15 March, or request an automatic extension of time to file.  
In order to file a request for extension of time to file, use the following forms:  
For an automatic 6-month extension of time to file the Form 1042, use the Form 7004. Send this form to:  

Internal Revenue Service Center
P.O. Box 409101
1973 North Rulon White Boulevard
Ogden, UT 84409
For an automatic 30-day extension of time to file Forms 1042-S, use the Form 8809. Send this form to:  

Enterprise Computing Center
Martinsburg Information Reporting Program
Attn: Extension of Time Coordinator
240 Murall Dr. Kearneysville, WV 25430
Please note that you may request an additional extension of time for the Forms 1042-S if you require it. In this case it is very important to list the reason why you need additional time (i.e. will not receive upstream custodian reporting until xx date, etc). Otherwise the request will be denied by the IRS.  
You can find the necessary forms and instructions by following this link: 2009 1042 Reporting Forms  

QI Audit Waiver Forms 2009
If your QI audit year was 2009 and you qualify for a waiver of the audit, you need to file your waiver request by 30 June 2010 at the latest. The current QI-Audit Request Waiver Forms 2009 are now available for download on our website. You can download the forms here: QI-Audit Request Waiver Forms 2009.  

The deadline for submission is 30 June 2009.  

Should you have any questions regarding the information discussed in this newsletter, please do not hesitate to contact:  

Julia Mills, Partner
Falkenstrasse 30
8032 Zürich
Phone: +41 44 253 67 67
Fax: +41 44 253 67 69