Instruction 1097-Btc- 2010 (Page 2 of 5) in pdf

Instructions for Payer

File Copy A of this form with the IRS by

February 28, 2011. If you file electronically, the due

date is March 31, 2011. To file electronically, you must

Filing Form 1097-BTC is voluntary for 2010.

have software that generates a file according to the

CAUTION

specifications in Pub. 1220, Specifications for Filing

General and specific form instructions are provided

Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and

as separate products. The products you should use for

W-2G Electronically. IRS does not provide a fill-in form

2010 are the General Instructions for Certain

option.

Information Returns and the 2010 Instructions for Form

Foreign recipient. If the recipient of the tax credits

1097-BTC. A chart in the general instructions gives a

from this tax credit bond is a nonresident alien, you

quick guide to which form must be filed to report a

may have to withhold federal income tax and file Form

particular payment. To order these instructions and

1042-S, Foreign Person’s U.S. Source Income Subject

additional forms, visit IRS.gov or call 1-800-TAX-FORM

to Withholding. See the Instructions for Form 1042-S

(1-800-829-3676).

and Pub. 515, Withholding of Tax on Nonresident

Aliens and Foreign Entities.

Because paper forms are scanned during

processing, you cannot file with the IRS

Need help? If you have questions about reporting on

Forms 1096, 1097, 1098, 1099, 3921, 3922,

Form 1097-BTC, call the information reporting

CAUTION

or 5498 that you print from the IRS website.

customer service site toll free at 1-866-455-7438 or

304-263-8700 (not toll free). For TTY/TDD equipment,

Due dates. Furnish Copy B of this form to the

call 304-579-4827 (not toll free). The hours of operation

recipient quarterly and separately for each credit

are Monday through Friday from 8:30 a.m. to

amount indicated and for each bond on or before the

4:30 p.m., Eastern time.

15th day of the second calendar month after the close

of the calendar quarter in which the credit is issued.

Instruction 1097-Btc- 2010 Page 2