Internal Revenue Service (IRS), Treasury.
Correction to final regulations.
This document contains a correction to final regulations that were published in the Federal Register on Thursday, December 19, 2002 (67 FR 77678), relating to the information reporting requirements for qualified tuition and related expenses under section 6050S of the Internal Revenue Code.
This correction is effective December 19, 2002.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Tonya Christianson (202) 622-4910 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations that are the subject of this correction are under section 6050S of the Internal Revenue Code.
Need for Correction
As published, these final regulations contain an error that may prove to be misleading and is in need of clarification.
Correction of PublicationStart Amendment Part
Accordingly, the publication of final regulations (TD 9029), that were the subject of FR Doc.End Amendment Part
On page 77684, column 1, § 1.6050S-1(b)(2)(vii), Example 4., line 7 from the bottom of paragraph (i), the language “expenses $6,000 for room and board for the” is corrected to read “expenses and $6,000 for room and board for the”.
Cynthia E. Grigsby,
Chief, Regulations Unit, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 03-3092 Filed 2-6-03; 8:45 am]
BILLING CODE 4830-01-P