Rev. Proc. 2022-25

TABLE OF CONTENTS

Part 1 – GENERAL INFORMATION Section 1.1 – Overview of Revenue Procedure 2022-25 /What’s New. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Section 1.2 – Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Section 1.3 – General Requirements for Acceptable Substitute Forms 1096, 1097-BTC, 1098, 1099, 3921,

3922, 5498, W-2G, and 1042-S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Part 2 – SPECIFICATIONS FOR SUBSTITUTE FORMS 1096 AND COPIES A OF

FORMS 1098, 1099, 3921, 3922, AND 5498 (ALL FILED WITH THE IRS) Section 2.1 – Specifications. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Section 2.2 – Instructions for Preparing Paper Forms That Will Be Filed With the IRS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Part 3 – SPECIFICATIONS FOR SUBSTITUTE FORM W-2G (FILED WITH THE IRS) Section 3.1 – General. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Section 3.2 – Specifications for Copy A of Form W-2G. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Part 4 – SUBSTITUTE STATEMENTS TO FORM RECIPIENTS AND FORM RECIPIENT COPIES Section 4.1 – Specifications. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Section 4.2 – Composite Statements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Section 4.3 – Additional Information for Substitute and Composite Forms 1099-B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Section 4.4 – Required Legends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Section 4.5 – Miscellaneous Instructions for Copies B, C, D, E, 1, and 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Section 4.6 – Electronic Delivery of Recipient Statements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Part 5 – ADDITIONAL INSTRUCTIONS FOR SUBSTITUTE FORMS 1097- BTC, 1098, 1099, 5498,

W-2G, AND 1042-S Section 5.1 – Paper Substitutes for Form 1042-S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Section 5.2 – OMB Requirements for All Forms in This Revenue Procedure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 Section 5.3 – Ordering Forms and Instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Section 5.4 – Effect on Other Revenue Procedures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

Part 6 – EXHIBITS Section 6.1 – Exhibits of Forms in This Revenue Procedure. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

Bulletin No. 2022–27 3 July 5, 2022

Part 1 General Information

Section 1.1 – Overview of Revenue Procedure 2022-25 /What’s New

1.1.1 Purpose

1.1.2 Which Forms Are Covered?

The purpose of this revenue procedure is to set forth the 2022 requirements for:

• Using official Internal Revenue Service (IRS) forms to file information returns with the IRS,

• Preparing acceptable substitutes of the official IRS forms to file information returns with the IRS, and

• Using official or acceptable substitute forms to furnish information to recipients.

This revenue procedure contains specifications for these information returns:

Form Title

1096 Annual Summary and Transmittal of U.S. Information Returns

1097-BTC Bond Tax Credit

1098 Mortgage Interest Statement

1098-C Contributions of Motor Vehicles, Boats, and Airplanes

1098-E Student Loan Interest Statement

1098-F Fines, Penalties, and Other Amounts

1098-MA Mortgage Assistance Payments

1098-Q Qualifying Longevity Annuity Contract Information

1098-T Tuition Statement

1099-A Acquisition or Abandonment of Secured Property

1099-B Proceeds From Broker and Barter Exchange Transactions

1099-C Cancellation of Debt

1099-CAP Changes in Corporate Control and Capital Structure

1099-DIV Dividends and Distributions

1099-G Certain Government Payments

1099-H Health Coverage Tax Credit (HCTC) Advance Payments

1099-INT Interest Income

1099-K Payment Card and Third Party Network Transactions

1099-LS Reportable Life Insurance Sale

1099-LTC Long-Term Care and Accelerated Death Benefits

1099-MISC Miscellaneous Information

1099-NEC Nonemployee Compensation

1099-OID Original Issue Discount

1099-PATR Taxable Distributions Received From Cooperatives

1099-Q Payments From Qualifed Education Programs (Under Sections 529 and 530)

July 5, 2022 4 Bulletin No. 2022–27

1.1.3 Scope

Form Title

1099-QA Distributions From ABLE Accounts

1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. 1099-S Proceeds From Real Estate Transactions

1099-SA Distributions From an HSA, Archer MSA, or Medicare Advantage MSA

1099-SB Seller's Investment in Life Insurance Contract

3921 Exercise of an Incentive Stock Option Under Section 422(b)

3922 Transfer of Stock Acquired Through An Employee Stock Purchase Plan Under Section 423(c) 5498 IRA Contribution Information

5498-ESA Coverdell ESA Contribution Information

5498-QA ABLE Account Contribution Information

5498-SA HSA, Archer MSA, or Medicare Advantage MSA Information

W-2G Certain Gambling Winnings

1042-S Foreign Person’s U.S. Source Income Subject to Withholding

For purposes of this revenue procedure, a substitute form or statement is one that is not published by the IRS. For a substitute form or statement to be acceptable to the IRS, it must conform to the official form or the specifications outlined in this revenue procedure. Do not submit any substitute forms or statements listed above to the IRS for approval. Privately published forms may not state, “This is an IRS approved form.”

Filers making payments to certain recipients during a calendar year are required by the Internal Revenue Code (the Code) to file information returns with the IRS for these payments. These filers must also provide this information to their recipients. In some cases, this also applies to payments received. See Part 4 for specifications that apply to recipient statements (generally Copy B).

In general, section 6011 of the Code authorizes the Secretary of Treasury to publish regulations that require filers to file information returns according to those regulations and the corresponding forms and instructions. A filer who is required to file 250 or more information returns of any one type during a calendar year must file those returns electronically.

Caution. Financial institutions that are required to report payments made under chapter 3 or 4 must file Forms 1042-S electronically, regardless of the number of returns required to be filed.

Note. If you file electronically, do not file the same returns on paper.

Filers required to file fewer than 250 returns of any one type during a calendar year are encouraged to file the information returns electronically. See the requirements for filing information returns (and providing a copy to a payee) in the 2022 General Instructions for Certain Information Returns and the 2022 Instructions for Form 1042-S. In addition, see the current revision of Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G, for electronic filing through the IRS FIRE system.

Bulletin No. 2022–27 5 July 5, 2022

1.1.4 For More Information

1.1.5 What’s New

The IRS prints and provides the forms on which various payments must be reported. See Section 5.3, later, for ordering forms and instructions. Alternately, fi lers may prepare substitute copies of these IRS forms and use such forms to report payments to the IRS.

The Internal Revenue Service/Information Returns Branch (IRS/IRB) maintains a centralized customer service call site to answer questions related to information returns (Forms W-2, W-3, W-2c, W-3c, 1099 series, 1096, etc.). You can reach the call site at 866-455-7438 (toll-free) or outside the United States 304-263-8700 (not a toll-free series, 1096, number). Persons with a hearing or speech disability with access to TTY/TDD equipment can call 304-579-4827 (not a toll-free number).

You may also send questions to the call site via the Internet at mccirp@irs.gov.

questions

Further information impacting Publication 1179, such as issues arising after its fi nal