The IRS Form 1042-S Recipient Code identifies the type of recipient receiving U.S.-source income subject to withholding under Chapter 3 (withholding on payments to nonresidents) or Chapter 4 (FATCA) of the Internal Revenue Code. These codes are reported in Box 13c on Form 1042-S.

Individual Recipients:

01 - Individual
02 - Corporation
03 - Partnership (other than a withholding foreign partnership)
04 - Withholding foreign partnership
05 - Trust (other than a withholding foreign trust)
06 - Withholding foreign trust
07 - Estate
08 - Government
09 - International organization

Intermediaries and Others:

10 - Tax-exempt organization (under Section 501(a))
11 - Private foundation
12 - Artist or athlete
13 - Complex trust
14 - Grantor trust
15 - Simple trust
16 - Foreign central bank of issue
17 - Qualified intermediary (QI)
18 - Joint account (not QI)
19 - Public pension fund
20 - U.S. branch treated as a U.S. person
21 - Territory financial institution
22 - Nonqualified intermediary
23 - Foreign government-controlled entity

Miscellaneous:

24 - Unknown recipient
25 - Other