Tax Preparation Help  
Tax Topic #805 2006 Tax Year

Electronic Filing of Information Returns

Electronic filing of information returns allows filers to submit Forms 1042–S, 1098, 1099, 5498, 8027, and W-2G via the internet at http://fire.irs.gov. The benefits of filing information returns electronically can be more cost-effective, easier than filing on paper or magnetic media and a later due date when filing for most returns. Magnetic media filing is being phased out. IRS/ECC-MTB no longer accepts 3 1/2 diskettes. 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. The electronic filing of information returns is not associated with the Form 1040 electronic filing program.

The FIRE (Filing Information Returns Electronically) System accepts files compressed with PKZip or WINZip, for those with large volume. The format requirements for filing information returns electronically are the same as the requirements for filing on magnetic media. The FIRE System is operational 24 hours a day, 7 days a week.

After you file your returns via the FIRE System, you must log into the system in 1-2 workdays for Forms 1098, 1099, 5498, and W-2G to find out if IRS accepted your file. If the file is good, it is released for mainline processing 10 calendar days from receipt. Forms 1042-S, 8027 and QWF requires a longer processing time.

For further information, refer to the following Publications 1187, 1220, 1239 and 3609. Publications can be ordered by calling (800) 829-3676. Information can also be obtained by contacting the Information Reporting Program Customer Service Section toll-free at (866) 455-7438, or by using Telecommunications for the Deaf, (TDD), at (304) 267–3367 between 8:30 a.m. and 4:30 p.m. Eastern Standard Time.

Forms and publications may be downloaded from www.irs.gov or by calling toll-free at (800) 829–3676.

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