Part III. Administrative, Procedural, and Miscellanous

Rev. Proc. 2001–32

NOTE: Following is a list of related instructions and forms for filing Information Returns Magnetically/Electronically pro-

vided in the back of this publication:

• General Instructions for Forms 1099, 1098, 5498, and W-2G

• Specific Instructions for Individual Information Returns

• Form 4419 - Application for Filing Information Returns Magnetically/Electronically

• Form 4804 - Transmittal of Information Returns Reported Magnetically

• Form 8508 - Request for Waiver From Filing Information Returns on Magnetic Media (Forms W-2, W-2G, 1042-S, 1098, 1099, 5498, and 8027)

• Form 8809 - Request for Extension of Time To File Information Returns (Forms W-2, W-2G, 1042-S, 1098, 1099, 5498, and 8027)

• Notice 210 - Preparation Instructions for Media Labels

The Internal Revenue Service, Martinsburg Computing Center encourages filers to make copies of the blank forms in the back of this publication for future use . These forms can also be obtained by calling 1-800-829-3676 or via the Internet at www.irs.gov.

Use this Revenue Procedure to prepare Tax Year 2001 and prior year information returns for submission to Internal Revenue Service (IRS) using any of the following:

• Magnetic Tape

• Tape Cartridge

• 8mm, 4mm, and Quarter

Inch Cartridges (QIC)

• 3 1/2-Inch Diskette

• Electronic Filing

Caution to filers:

Please read this publication carefully. Persons or businesses required to file information returns magnetically or electroni- cally may be subject to penalties for failure to file or include correct information if they do not follow the instructions in this Revenue Procedure.