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Section 8 Support for 1042-S Changes - Functional1042-S Processing2. Define the 1042-S tax codes applicable to your institution. You must use thefollowing naming conventions when you establish your 1042-S tax codes.In this position … use this convention … for this designation1 and 2 FDAll Federal TreatiesSpecific States that honorFederal Treaties.For example, PA forPennsylvania, NY for NewYork3 and 4 15 Scholarship/FellowshipGrants16 Independent PersonalServices17 Dependent Personal Services18 Teaching19 Compensation DuringTraining20 Earnings as an Artist orAthleteIt is not necessary to define all possible 1042-S codes. Define only the ones youexpect to need at your site (but be sure they follow the naming conventionsshown above).3. Access the Tax Filing Status Form (PXAFSTA).4. At Tax Code, enter a 1042-S tax code, e.g., FD15 or PA15. (You must completethis form for each 1042-S tax code established on PXATXCD in Step 2.) Thesystem displays the description defined for this code.5. At Filing Status, enter the country codes applicable to your site. A country codeis a two-character code defined by the U.S. government. It identifies anemployee's country for purposes of determining tax treaty benefits. The rate oftax withheld is determined by this code. The country code you enter at thisprompt is used to set up tax exemptions and calculations on the Tax SetupForm (PXATAXS).You must enter the codes applicable to your employees in the Filing Status field.Human Resources/Position Control Release 7.0 January 2005144 Release Guide Confidential