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F ederal R eserve Bank OF DALLAS WILLIAM H. WALLACE DALLAS, TEXAS 7 5 2 2 2 f i r s t vice p r e s i d e n t May 5, 1986 C ir c u la r 86-43 TO: All Treasury tax and loan d e p o s ito r ie s and others concerned in the Eleventh Federal Reserve D i s t r i c t SUBJECT Federal Tax Deposits DETAILS The Department of the Treasury has updated the i n s t r u c t i o n s r e l a t e d to the use of the federal tax d e p o s it coupon. Taxpayers must use Form 8109 or 8109B when submitting payment. Payment must be made through a q u a l i f i e d depository or the Federal Reserve Bank. Taxpayers should not be i n s tr u c te d to send t h e i r payment d i r e c t l y to the I n tern al Revenue Service. ATTACHMENTS The Treasury Department n o tice dated April 17, 1986, is atta c h e d . MORE INFORMATION For more information please c o n tact our S e c u r i t i e s Department, Fiscal Agency D ivisio n, a t (214) 651-6315 or (214) 651-6331. S in cerely yours, For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) DEPARTMENT OF THE TREASURY FISCAL FIN A N C IA L SERVICE MANAGEMENT W A S H I N G T O N . D.C. SE RVICE 20226 - F F- T P : G K APR l 7 1986 I M P O R T A N T NO TI C E TO ALL TAX AN D LOAN DE PO SI T A R I E S The pu rp os e of this noti ce is to update the instru cti ons p r o v i d e d in the T r e a s u r y F i n an ci al Man ua l for T r e as ur y tax and loan d e p o s i t a r i e s (IV TFM Se ction 2080.20) regard ing the a c c e p t a n c e of Fed er al tax deposit coupons. Tre as ur y re gu lations require taxpayers to renit Federal tax de po si ts to a T r e a s u r y d e s i gn at ed de po si t a r y or the Fed eral Rese rve Bank. Each t a xp ay er remitt anc e must be acc om pa ni ed by an ori gi na l F e de ra l tax deposit coupon, ei th er F or m 8109 or 8109B. Form 8109 is a Federal tax dep osit coupon which is p r e i n s c r i b e d w i t h the taxpa ye r' s name, address, and em pl oye r i d e n t i f i c a t i o n number. In the event that the t a x p a y e r ’s p r e i n s c r i b e d name a n d / o r e m p l o y e r i d e n t i f i c a t i o n nu mb er is incorrect, the t a x pa ye r should place an ”x" in the space pr o v i d e d on the u p p e r left side of the coupon and also make the ap p r o p r i a t e corrections to the coupon. If the t a x p a y e r ’s address is incorrect, the t a x p a y e r sho ul d c o nt inu e to use the coupon but in di ca te the change of address on the FT D coupon reorder form. Form 8109B is a s u b s t i t u t e Fede ral tax depo sit coupon which contains no p r e i n s c r i b e d t a x pa ye r information. Fo rm 8109B f a c i l it at es the pa y m e n t of tax depo sit s for those taxpayers aw ai t i n g shipment of their p r e i n s c r i b e d coupons. Taxpayers are req ui re d to ente r their spe ci fi c t a x p a y e r inf or ma ti on on the Form 8109B. De po s i t a r i e s should accept both Forms 8109 and 8109B for processing. Depositaries following: sh ould not accept fr o m a ta x p a ye r the 1. a re m i t t a n c e w i t ho ut a F e d era l tax depo sit 2. a photocopied coupon, or 3. a F e d er al tax d e p os it coupon w h ich contains p r e i n s c r i b e d ta x p a y e r in fo r m a t i o n b e l o n g i ng to one taxp aye r wh ich has been m a n ua ll y a l t e r e d / c o r r e c t e d with a n o th er t a x p a y e r ’s information. r e p r o d u c t i o n of a Federal coupon, tax de pos it ♦ELIMINATES LOST, STOLEN OR FORCED CHECKS Page 2 Ta x p a y e r s a t t e m p t i n g to ma k e p a y me nt by any of the three methods d e s c r i b e d above should be ins tr uc te d to: 1. ob ta in Form 8109B fro m the local IRS office, 2. com ple te the coupon ac co r d i n g to the in st ru cti ons p ro v i d e d on the Form, and 3. p r e s e n t Fo r m 8109B and re mi tta nce to an au t h o r i z e d d ep os it ar y for payment. DO NOT in st ruc t taxpayers to remit tax dep os it s di re ctl y to their IRS se rv ic e center or local IRS office. Taxpaye rs will be a ss e s s e d a pe na l t y by the Internal R e v e n u e Se rv ice for m a k i n g a Fed era l tax d e po si t pay me nt dire ctl y to the IRS. If you have any q u e s ti ons co n c e r n i n g this notice, contact your local F e d er al Re se rve Bank. pl ea se De pa rt m e n t of the T r ea su ry F i n a n c i a l Ma n a g e m e n t Service April 1986
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