Updated Guidelines for Substitute Forms Issued (Rev. Proc. 2015-55)

The IRS has issued general requirements and conditions for the development, printing and approval of all substitute tax forms to be acceptable for filing in lieu of official IRS-produced and distributed forms. The IRS accepts quality substitute tax forms that are consistent with the official forms and that do not have an adverse impact on processing.

The IRS Substitute Forms Unit administers the formal acceptance and processing of these forms nationwide. While the unit deals primarily with paper documents, it also reviews for approval other processing and filing forms, such as electronic filing. Only substitute forms conforming with these requirements will be accepted. This revenue procedure will be reproduced as the next revision of IRS Publication 1167, General Rules and Specifications for Substitute Forms and Schedules. Rev. Proc. 2015-18, I.R.B. 2015-8, 620 is superseded.

Rev. Proc. 2015-55, 2015FED ¶46,465

Other References:

Code Sec. 7513

CCH Reference – 2015FED ¶42,702.12

CCH Reference – 2015FED ¶42,702.40

Tax Research Consultant

CCH Reference – TRC FILEBUS: 12,052.10

 

AUTHOR

Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

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