SECTION 21. PENALTIES

.01 Section 6656 imposes a failure-todeposit penalty if a taxpayer does not make a timely FTD, unless such failure is due to reasonable cause and not due to willful neglect. See Rev. Rul. 94–46, 1994–2 C.B. 278. Absent reasonable cause, a taxpayer that is required to deposit federal taxes by EFTPS is subject to the failure-to-deposit penalty if FTDs are made by means other than EFTPS (for example, using a paper FTD coupon). See Rev. Rul. 95–68, 1995–2 C.B. 272. However, for a taxpayer that was first required to deposit by EFTPS on or after July 1, 1997, this penalty will not be imposed solely by reason of a failure to deposit by EFTPS prior to July 1, 1998.

SECTION 22. FORMS, PUBLICATIONS, IMPLEMENTATION GUIDES, AND ADDITIONAL INFORMATION

.01 A Filer may obtain copies of this revenue procedure, enrollment forms (Forms 9779 and 9783), implementation guides, payment instruction booklets, registration letters, and additional information on EFTPS by calling EFTPS Customer Service at (800) 945-0966 (First Chicago) or (800) 555-4477 (NationsBank).

.02 A Filer may obtain enrollment forms and Authorizations (Forms 8655) by calling the IRS Distribution Center at (800) TAX-FORM ((800) 829-3676).

.03 A Filer may obtain information on the submission of Authorizations by calling the EFTPS Coordinator at (901) 5464103 (not a toll-free call).

.02 Section 6655 imposes a penalty for underpayments of estimated tax by a corporation, private foundation, tax-exempt organization, or qualified settlement fund.