CORRECTIONS MADE TO PROCEDURES FOR ELECTRONIC FILING OF INFORMATION RETURNS.

Rev. Proc. 92-15

SECTION 1. PURPOSE

The purpose of this revenue procedure is to modify Rev. Proc. 91-33, 1991-1 C.B. 575. First, the time and procedures for requesting extensions of time will be altered. Second, a change will be made to the requirements for filing Combined Federal State documents for the state of Wisconsin. Third, the format of the APO/FPO address reporting has changed. Fourth, correct an error to diskette position 35-44. Fifth, to change the procedures for making corrections to prior years data.

SEC. 2. CORRECTIONS

01. The corrections to the revenue procedure are as follows:

(a) Part A, Sec. 11.04. The first sentence should be amended to read: Request an extension of time for 30 days AS SOON AS YOU ARE AWARE that an extension is necessary but not later than the due date of the return.

(b) Part A, Sec. 11.07 should read: An additional 30-day extension of time may be requested, however, additional extensions will only be granted under extreme circumstances. You may request an additional extension by letter.

(c) Delete Part A, Sec. 2.02.01(k).

(d) Part A, Sec. 17, Table 2. For the state of Wisconsin, 1099- PATR change from $600 to NR.

(e) Part A, Sec. 19.04. The format for reporting APO/FPO addresses changed as of July 15, 1991. In the new format, the last line of the address should read: APO (or FPO), AE (or AA or AP), and the ZIP code, and is the equivalent of a city, state and ZIP code. AE is the designation for ZIPs 090-098, AA for ZIP 340 and AP for ZIPs 962-966.

EXAMPLE:

(f) Part D, Sec. 3 (Sector 1, Diskette Position 35-44). Change the length to 10.

(g) Information on How To File Prior Year Corrections to Forms 1098, 1099 Series, 5498, and W-2G, on Magnetic Media.

(1) Corrections for returns UP TO AND INCLUDING Tax Year 1990 can be either in the format of the 1991 return (Publication 1220 Rev. 6-91), the format of the 1990 return (Publication 1220 Rev. 7-90), or in the format of the respective year. For example, a correction to a 1989 return may be either in the Tax Year 1989, 1990, or 1991 format. Corrections for 1991 and subsequent tax years must be in the format of that year's return. For example, a correction made to a Tax Year 1991 return must be in the Tax Year 1991 format, 1992 returns must be in the 1992 format, etc.

(2) The Form 4804 must be clearly marked to indicate which tax year's data is being reported. Additionally, the correct tax year must appear in the data record contained on the magnetic media. Corrections for different years must be reported on separate media.

(h) Delete last sentence of Part A, Sec. 14.07.

SEC. 3. EFFECT ON OTHER REVENUE PROCEDURES

Rev. Proc. 91-33 is modified.

SEC. 4. EFFECTIVE DATE

These changes apply to returns filed under Rev. Proc. 91-33 and will be effective immediately.