Rev. Proc. 63-17

SECTION 1. PURPOSE.

The purpose of this Revenue Procedure is to state the requirements of the Internal Revenue Service relating to its acceptance of substitutes for Form 1087, Nominee's Information Return, for annual filing purposes in lieu of the official form.

SEC. 2. SPECIFICATIONS.

Substitutes for Form 1087 may be manufactured, with slight variations of format, and used without specific approval of the Internal Revenue Service if the following conditions are met:

.01 Color and Quality of Ink and Paper.--The substitute forms, except for authorized punch-card substitutes, must be printed in black ink on buff paper, both of quality as good as that used by the Government. The paper must be of substantially the same weight and texture as that used in the official form, which is printed on substance 36-pound chemical wool bond or its equivalent--basis 17 x 22-1000.

.02 Typography.--Type may not be smaller than the corresponding type on the official form and should be as near as possible of the same font.

.03 Format.--The format should be substantially the same as the official form.

.04 Dimensions.--The official form is eight inches wide by three and one-half inches deep, exclusive of a half or three-quarter inch snap-stub on the left side of the form. The substitute forms may vary in width from seven inches to eight inches and in depth from three and one-sixth inches to three and two-thirds inches. The snap feature is not required on substitutes.

.05 Carbonized forms or "spot carbons."--Carbonized forms and "spot carbons" are not permissible. Interleaved carbon, if used, should be black and of good quality to preclude smudging.

.06 The Government Printing Office symbols.--The Government Printing Office symbols must be omitted.

.07 Copies B and C.--Copies B and C are included in the official assembly for the convenience of the nominee. Although there is no requirement that privately printed substitute forms include these copies, Copy B may be desired by the nominee for his records, and Copy C will satisfy the requirements of law and regulations concerning the statement of information which is to be furnished the actual owner or payee.

SEC. 3. ADDITIONAL INSTRUCTIONS.

.01 Arrangement of assembly.--Except as provided in paragraph .02 below, the parts of the assembly shall be arranged, from top to bottom, as follows: Copy A, "For Internal Revenue Service;" Copy B, "For Nominee;" Copy C, "For Actual Owner (or Payee)."

.02 Additional copies.--Additional copies may be prepared by nominees for states requiring the report. Forms for delivery to state or local taxing authorities should be clearly labeled to indicate the purpose for which they are intended and should not bear any part of the designation, "Form 1087, U.S. Treasury Department, Internal Revenue Service."

.03 Instructions.--No deviation from the instructions on the front of Copies A, B, or C or the back of Copy B will be permitted.

SEC. 4. BLACK AND WHITE PROOFS.

Reproduction proofs of Form 1087 are available. The Internal Revenue Service, upon application, will furnish one set of black and white proofs to be used as the reproducible media in the printing of forms. These proofs, for which annual requests are received, will be supplied free of charge to all concerns in the forms reproduction business. Requests for reproduction proofs should be addressed to the Commissioner of Internal Revenue, Attention: A:FM:P, Washington; D.C., 20224.

SEC. 5. PROCEDURE, PROPOSED SUBSTITUTE FORMS.

Proposed substitute forms, which do not meet the conditions stated above, and requests for use of punch-card Forms 1087 should be forwarded by letter, addressed to the Commissioner of Internal Revenue, Attention: D:S:P1, Washington, D.C., 20224, for consideration.