SEC. 1. PURPOSE

.01 The purpose of this revenue procedure is to update Rev. Proc. 92–80, 1992–2 C.B. 465, (IRS Pub. 1245), which outlines the requirements and conditions for submitting certain Forms W–4, Employee’s Withholding Allowance Certificate, magnetically or electronically to the Internal Revenue Service (IRS), Martinsburg Computing Center (MCC).

.02 Revenue procedures are generally revised to reflect legislative and form changes. Comments concerning this revenue procedure or suggestions for making it more helpful can be addressed to Internal Revenue Service, Martinsburg Computing Center, P.O. Box 1359, Martinsburg, WV 25402, ATTN: IRBInformation Support Section.

.03 The following revenue procedures and publications provide more detailed filing procedures for certain information returns and can be obtained by contacting your local IRS office or by calling 1-800-829-3676:

(a) “Instructions for Forms 1099, 1098, 5498, and W–2G” provides specific instructions on completing and submitting infor mation returns to IRS. (b) Rev. Proc. 84–33, 1984–1 C.B. 502, regarding the optional method for agents to report and deposit backup withholding. (c) Publication 1179, Specifications for Paper Document Reporting and Paper Substitutes for Forms 1096, 1098, 1099 Series,

5498, and W–2G. (d) Publication 1220, Specifications for Filing Form 1098, 1099, 5498, and W–2G Magnetically or Electronically. (e) Publication 1239, Specifications for Filing Form 8027, Employer’s Annual Information Return of Tip Income and Allo cated Tips, on Magnetic Tape and 3 ¹ ⁄2- or 5 ¹ ⁄4-Inch Magnetic Diskettes. (f) Publication 1187, Specifications for Filing Form 1042S, Foreign Person’s U.S. Source Income Subject to Withholding,

Magnetically or Electronically (g) Publication 1527, IRP–BBS (Information Reporting Program Bulletin Board System). .04 Refer to Part A, Sec. 10, for definitions of terms used in this publication.