Part III. — Internal Revenue Bulletin 2006-32

NOTE:

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

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

• Specific Instructions for Individual Information Returns

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

• Form 4804 — Transmittal of Information Returns Reported Magnetically

• Form 8508 — Request for Waiver From Filing Information Returns Electronically/Magnetically

• Form 8809 — Application for Extension of Time to File Information Returns

• Notice 210 — Preparation Instructions for Media Labels

The Internal Revenue Service, Enterprise Computing Center — Martinsburg (IRS/ECC-MTB) encourages filers to make copies of the blank forms for future use. These forms can be obtained by calling 1–800–829–3676 or on the IRS website at www.irs.gov .

Use this Revenue Procedure to prepare Tax Year 2006 and prior year information returns for submission to Internal Revenue Service (IRS) using any of the following:

Electronic Filing
Tape Cartridge

Caution to filers:

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

ATTENTION: FORM 1099–INT AND 1099–OID WERE NOT FINALIZED AT THE TIME OF THIS POSTING. PLEASE CONTACT ECC-MTB AT 866–455–7438 FOR AN UPDATE CONCERNING THESE FORMS. AN ANNOUNCEMENT WILL BE ISSUED IN AN INTERNAL REVENUE BULLETIN WHEN THESE CHANGES ARE FINALIZED.

IMPORTANT NOTES:

IRS/ECC-MTB now offers an Internet connection at http://fire.irs.gov for electronic filing. The Filing Information Returns Electronically (FIRE) System will be down from 2 p.m. E.S.T. Dec. 21, 2006, through Jan. 2, 2007 for upgrading. It is not operational during this time for submissions. The FIRE System does not provide fill-in forms.

IRS/ECC-MTB no longer accepts 3 ¹ /2-inch diskettes for filing information returns.

For tax year 2008 forms filed in calendar year 2009, IRS/ECC-MTB will no longer accept tape cartridges for the filing of information returns. Electronic filing will be the ONLY acceptable method to file information returns at ECC-MTB.

Rev. Proc. 2006–33

TABLE OF CONTENTS

Part A. General

SEC. 1. PURPOSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143

2006–32 I.R.B. 140 August 7, 2006

SEC. 2. NATURE OF CHANGES — CURRENT YEAR (TAX YEAR 2006 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143