Income taxes: income housing credit forms; electronic filing pilot program,
[Federal Register: January 16, 1998 (Volume 63, Number 11)]
[Notices]
[Page 2722]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16ja98-111]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
1998 Electronic Filing: Low-Income Housing Credit Forms
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Low-Income Housing Credit forms.
SUMMARY: The Internal Revenue Service is planning to conduct an automated pilot program during 1998 for filing Low-Income Housing Credit forms to be filedelectronically (via modem to modem). This pilot program will be available without geographic limitation, although all processing is centralized at the Internal Revenue Service Center in Philadelphia, Pennsylvania. Participants must have secured prior authorization from the Internal Revenue Service. Interested parties can obtain information by writing or calling the IRS. Comments on the program are welcome.
DATES: Application can be submitted year round.
ADDRESSES: Internal Revenue Service, Philadelphia Service Center, Magnetic Media Project Office, D.P. 115, 11601 Roosevelt Blvd., Philadelphia, PA 19154. Telephone: (800) 829-6945 or (215) 516-7533 (not a toll-free number).
SUPPLEMENTARY INFORMATION: The IRS is receiving an increasing number of computer-prepared forms, and is exploring methods to use the flexibility provided by computer preparation to achieve processing efficiencies. Electronic filing eliminates most of the manual processes required by IRS to handle paper documents, which will increase the quality of the final product, speed up the processing and reduce unnecessary correspondence.
Generally, the procedures for electronic filing will require all the data currently supplied on the paper form including attachments which usually accompany the form. Additionally, filers will be required to test before acceptance into the program. The LIHC pilot program is being offered to State Housing Agencies and software developers. Joseph H. Cloonan, Director, Philadelphia Service Center.
[FR Doc. 98-1078Filed1-15-98; 8:45 am]
BILLING CODE 4830-01-U
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