SECTION 5. DESIGNATING A

DEPOSIT MADE UNDER REV. PROC. 84–58 AS A DEPOSIT UNDER SECTION 6603

.01 Any portion of a deposit in the nature of a cash bond previously made pursuant to Rev. Proc. 84–58 will not earn interest under section 6603(d), unless the Service receives the written statement described in section 5.02 identifying the amount as a deposit under section 6603. Except as provided in section 10, the date that the Service receives the written statement will be treated as the date on which the amount is deposited for purposes of section 6603(d).

.02 Taxpayers that desire to identify a deposit in the nature of a cash bond as a deposit eligible for interest under section 6603(d) must submit a written statement requesting this identification to the Internal Revenue Service Center or examining office to which the original deposit was remitted. The written statement also must include:

(1) The date(s) and amount(s) of the original deposit(s) in the nature of a cash bond;

(2) The type(s) of tax to which the deposit in the nature of a cash bond was applied;

(3) The tax year(s) to which the deposit in the nature of a cash bond was applied; and

(4) The statement described in section 7.02 identifying the amount of and basis for the disputable tax.

March 28, 2005 800 2005–13 I.R.B.

an amount that was held as a deposit in the nature of a cash bond pursuant to Rev. Proc. 84–58 on October 22, 2004, the deposit will be treated as made on October 23, 2004, for purposes of section 6603(d) if the taxpayer provides the written statement identifying the amount as a deposit made pursuant to section 6603 as provided under section 5 before May 27, 2005.