Major Changes for F8027 Instruction

Major Changes
2008 Instructions for Form 8027
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On page 1, a “What’s New” was added to advise the employer that beginning tax
year 2008, electronic filing is the only acceptable method for filing 250 or more
Forms 8027. Rev. Proc. 2006-29
On page 2, all references to magnetic media have been deleted.
Page 2, under “Penalties”, a reference to Sec. 4 of Rev. Proc. 2008-34 was added
for electronic filers of Form 8027.
On page 2, column 2, under “Lower rate,” a statement to advise the employer not
to send Form 8027 to the address used for requesting a lower rate. This was made
at the request of SBSE Specialty Programs: Employment Tax Operations.
On page 4, a new instruction for line 4c has been added at the request of SBSE
Specialty Programs: Employment Tax Operations.

General
Years and dates have been updated where appropriate.

Research:
Rev. Proc. 2006-29
Rev. Proc. 2008-34
Reg. 31.6053