1997 Tax Help Archives  

Electronic Filing of Information Returns

This is archived information that pertains only to the 1997 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Electronic filing of information returns allows filers to submit Forms 1042-S, 1098, 1099 series, 5498, and W-2G using a modem and telephone lines. Although electronic filing is not a requirement, it is an alternate method of filing information returns that, in many cases, is more cost- effective and easier than filing on paper or magnetic media. The electronic filing of information returns is not associated with the Form 1040 electronic filing program.

Filers of information returns will find the cost of transmitting electronically to be very competitive with the cost of filing either on paper or on magnetic media.

Data may be submitted using either 3780 bisynchronous protocols, normally used on mainframe-type computers, or asynchronous protocols, which are normally used on personal computers. For 3780 bisynchronous transmissions, both 4800 and 28.8 baud modems can be used, as well as IBM 3780 data compression. Asynchronous protocols are accepted through the Information Reporting Program Bulletin Board System and modem speeds of 300 to 28,800 bits per second can be used, as well as data compression routines. Filers who submit their information returns electronically via asynchronous protocols will be notified electronically as to the acceptability of their data within 2 workdays after transmission.

For further information, refer to Publication 1220 or Publication 1527. Publications can be ordered by calling 1-800-829-3676. Further information can also be obtained by contacting the Information Reporting Program Call Site on (304) 263-8700, or on Telecommunications for the Deaf, TDD, telephone number (304) 267-3367 between 8:30 am. and 4:30 pm. Eastern Standard Time.

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