[Federal Register Volume 68, Number 26 (Friday, February 7, 2003)]
[Rules and Regulations]
[Page 6350]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-3092]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9029]
RIN 1545-BA43


Information Reporting for Qualified Tuition and Related Expenses; 
Magnetic Media Filing Requirements for Information Returns; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: 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.

DATES: This correction is effective December 19, 2002.

FOR FURTHER INFORMATION CONTACT: Tonya Christianson (202) 622-4910 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    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 Publication

    Accordingly, the publication of final regulations (TD 9029), that 
were the subject of FR Doc. 02-31915, is corrected as follows:


Sec.  1.6050S-1  [Corrected]

    On page 77684, column 1, Sec.  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