ADMINISTRATIVE—Continued

porting agent can furnish information required by the following forms by magnetic tape: Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return; Form 941, Employer’s Quarterly Federal Tax Return; and Form 945, Annual Return of Withheld Federal Income Tax. Rev. Procs. 93–46, 94–18, and 94–59 superseded.

Rev. Proc. 96–19, page 80. Electronic filing; Form 941. This procedure provides requirements under which a taxpayer, or a reporting agent preparing Form 941, Employer’s Quarterly Federal Tax Return, for groups of taxpayers, can furnish the required information electronically through the Electronic Filing Program for Form 941.

Rev. Proc. 96–20, page 88. On-Line Service Electronic Filing Program; Form 1040. Participants in the 1996 On-Line Filing Program for the

Form 1040 series are informed of their obligations to the Service and other participants. Rev. Proc. 95–13 superseded.

Rev. Proc. 96–21, page 96. Making the single-entity election. This procedure describes the manner and time for consolidated groups to make the retroactive single-entity election under section 1.1221–2(g)(5)(i) of the Income Tax Regulations for purposes of the definition of a hedging transaction. See T.D. 8653.

T.D. 8633, page 20. Final regulations under sections 671, 2702, 6012, and 6109 of the Code relating to grantor trust reporting requirements.

Announcement 96–5, page 99. This announcement identifies the Taxpayer Bill of Rights 2 proposals that Treasury and the IRS have already adopted administratively or will soon do so and describes similar regulatory and guidance projects.

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