WASHINGTON — The Internal Revenue Service yesterday published two new information forms with accompanying instructions for issuers of Build America Bonds and recovery zone economic development bonds, one of which provides for direct deposit of payments from the federal government.

Form 8038-B is an informational form that issuers will have to submit to the IRS for each issue of direct-pay BABs, tax-credit BABs and RZEDBs. The instructions say the form should be used for bonds issued after February 2010, but an IRS official said yesterday that the forms are immediately effective.

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