Disclaimer: This content is intended for general informational purposes only and should not be construed or relied upon as tax, legal or financial advice, or applicable to your particular situation. You should consult with your own tax advisor regarding your tax obligations. The views expressed in any of these resources do not represent the views and are not affiliated with or endorsed by Vrbo or Expedia Group in any way.

 

While rare, if you notice something is incorrect on your Form 1042-S, you may be able to request a correction. The following table describes the five corrections Vrbo can accommodate before the end of June.

Correction

Definition

Typos

Errors in the Payee’s name, address, or tax ID number without changing who the individual is (for example, Jane Dow needs to be corrected to Jane Doe)

Reconciliation errors

Confirmed errors in Box 2 or Box 7a on Form 1042-S

Payee changes

The Payee named on Form 1042-S is not the same as the bank account beneficiary (or bank account owner) of where the disbursements were sent (for example, Jane Doe needs to be changed to John Doe)

Consolidation requests

There are different Payees named on multiple 1042-S forms, but it should only be one, because disbursements were deposited into the same bank account with a single, or primary, beneficiary. This may result from having one or more W-8 forms on file with incorrect information within the calendar year.

Split requests

There is a single Payee named on a Form 1042-S but there should be multiple, because disbursements were deposited into multiple bank accounts with different account beneficiaries. This may result from having the same payee information on multiple W-8 forms for multiple bank accounts with different account beneficiaries (for example, disbursements were sent to separate bank accounts with different bank account owners, but the information on the W-8(s) only named a single Payee).

 

Typo corrections, payee changes, consolidation, and split requests

Important: If you are the bank account owner/beneficiary and don’t have a Vrbo partner account, your property manager (the Vrbo partner account holder) will need to help you complete these steps.

To correct Form 1042-S:

  1. Follow the steps in Complete your US tax profile. This process will send the bank account owner/beneficiary an email to fill out their tax profile with the correct information.
  2. Use the Contact Us button at the end of this page to request a new Form 1042-S.
    • Important: When you submit your request, you may be asked for supporting documentation such as, but not limited to, your personal reconciliation or a bank statement verifying the account beneficiary.

The updated Form 1042-S should be digitally available in the beneficiary’s tax profile within 3–7 business days.

 

Reconciliation errors

Important: If you are the bank account owner/beneficiary and don’t have a Vrbo partner account, your property manager (the Vrbo partner account holder) will need to help you complete these steps.

To resolve a reconciliation error:

  1. Complete a reconciliation.of your Form 1042-S.
  2. Use the Contact Us button at the end of this page to connect with Vrbo Support.
    • Important: You will be asked to provide your completed reconciliation that shows the different amounts.