Rev. Proc. 63-29

SECTION 1. PURPOSE.

The purpose of this Revenue Procedure is to state the requirements of the Internal Revenue Service with respect to the filing of Forms 1096, U.S. Annual Information Return, and Forms 1099, U.S. Information Return for Calendar Year ----, by taxpayers who prepare Forms 1099 in large numbers and in different locations, such as branch offices.

SEC. 2. BACKGROUND.

The Internal Revenue Code of 1954, as amended by section 19 of the Revenue Act of 1962, P.L. 87-834, C.B. 1962-3, 111, and the applicable provisions of the Income Tax Regulations require that Forms 1096 and 1099 for any calendar year be filed on or before February 28 of the following year with any of the Internal Revenue Service Centers, the addresses of which are listed in the instructions for such forms.

SEC. 3. PROCEDURE.

.01 The pertinent provisions of Income Tax Regulations promulgated under sections 6041 through 6044, 6047 and 6049 of the Code do not permit the filing of more than one annual Form 1096 by a payer. Therefore, it will be necessary for payers having multiple business locations to consolidate their Forms 1099 and file them with a single Forms 1096 attached, from one central location, in one shipment.

.02 In any case where the number of Forms 1099 to be filed by a particular payer is large, the forms may be forwarded to the Service Centers in packages of convenient size. When the documents are submitted in separate packages, each package should be numbered consecutively and identified with the name and address of the payer. However, the Form 1096, covering all of the Forms 1099 submitted, should be placed in the first package. The number of packages should be indicated on the Form 1096.

SEC. 4. INQUIRIES.

Inquiries relating to this Revenue Procedure should be addressed to the Assistant Commissioner (Data Processing) for the attention of D:S:P.