Section 4—Payments by a Qualified Derivatives Dealer (QDD)

If a QI (whether the home office or any branch) was a QDD during the tax year, check the box, enter the regular EIN (if any) of the QI (not the QI-EIN) in the field provided, and attach Schedule(s) Q (Form 1042) for each QDD. You must complete and attach Schedule(s) Q (Form 1042) even if the QDD has zero tax liability.

Note: If the QI has a tax year other than the calendar year, the QI must file two Schedules Q (Form 1042) for each QDD—one for the portion of the calendar year in the first tax year and a second one for the portion in the second tax year. See the Schedule Q (Form 1042) for additional information.