SUMMARY: This document contains corrections to Revenue Procedure 2020-35, published in Internal Revenue Bulletin 2020-29 on Monday, July 13, 2020. The purpose of this revenue procedure is to set forth the 2020 requirements for using official Internal Revenue Service (IRS) forms to file information returns with the IRS, preparing acceptable substitutes of the official IRS forms to file information returns with the IRS, and using official or acceptable substitute forms to furnish information to recipients.
Need for Correction
As published, the revenue procedure contains the following errors that are in need of correction.
In Section 2.1.1, Online Fillable Forms, under the heading Specifications. The error consists in including in the first paragraph Form 1099-NEC. Form 1099-NEC should be deleted from the paragraph.
In Section 4.5.3, Perforations, under the heading Miscellaneous Instructions for Copies B, C, D, E, 1, and 2. The error consists in indicating that instructions for perforation can be found in Section 2.1.8. The instructions for perforation can be found in Section 2.1.9.
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