Bulletin No. 1998–38 September 21, 1998

election under section 1045 of the Code to defer recognition of gain on the sale of qualified small business stock.

Rev. Proc. 98–50, page 8. Form 1040 IRS e-file program. Participants in the Form 1040 IRS e-file program are informed of their obligations to the Service, taxpayers, and other participants. Rev. Proc. 97–60 superseded.

Rev. Proc. 98–51, page 20. Form 1040 on-line filing program. Participants in the Form 1040 on-line filing program are informed of their obligations to the Service, taxpayers, and other participants. Rev. Proc. 97–61 superseded.

Notice 98–49, page 5. Section 408A; Roth IRAs, reporting requirements. This notice describes certain reporting requirements for Roth IRAs as described in section 408A of the Code and certain changes to IRAs contained in the Internal Revenue Service Restructuring and Reform Act of 1998. Notice 87–13 and Notice 87–16 modified.

Announcement 98–84, page 30. The Service announces a delay in changes to Forms W–2 and W–3 until tax year 2000. In Announcement 98–55, 1998–26 I.R.B. 41, the Service requested comments on proposed changes to the 1999 Forms W–2 and W–3. Based on a review of those comments, the Service will postpone making major revisions to Forms W–2 and W–3 until tax year 2000 forms, which will be filed in 2001.

Finding Lists begin on page 33. Announcement of Declaratory Judgment Proceedings Under section 7428 begins on page 31.

Department of the Treasury Internal Revenue Service