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ok i get it now thanks for all your help Aaron :) mike.

OK Aaron just one more thing the last question :D in Line 6 Exemption Code said : 05 i read the translation of 05 is (Portfolio interest exempt under an Internal Revenue Code section), is this mean i don't have to pay this interest? thanks for all your help...

thanks for the reply Aaron so this is just a report that they give to the IRS ,the thing is that i am no longer with pointdirex i move to IB months ago, i read in the form and said in the income code line said : 01 is this 01 mean they are charging me some Interest? can someone tell me thanks...

Can someone explain to me what the tax Form 1042-S is about? and what i have to do with the form? , I get the Form 1042-S in my mail from pointdirex i am nonresident alien and as far as i know i don't have to pay capital gains taxes, but i am little confuse about this form can someone help me...