[Federal Register: May 30, 2002 (Volume 67, Number 104)]
[Rules and Regulations]               
[Page 37671]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30my02-8]                         

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1, 301 and 602

[TD 8992]
RIN 1545-AW67

 
Information Reporting for Payments of Interest on Qualified 
Education Loans; 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 (TD 
8992) which were published in the Federal Register on Monday, April 29, 
2002 (67 FR 20901). The final regulations relate to the information 
reporting requirements under section 6050S for payments of interest on 
qualified education loans, including the filing of information returns 
on magnetic media.

DATES: This correction is effective April 29, 2002.

FOR FURTHER INFORMATION CONTACT: Guy R. Traynor, Regulations Unit, 
(202) 622-7180 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are subject to this correction are under 
section 6050 of the Internal Revenue Code.

Need for Correction

    As published, final regulations (TD 8992) contains an error that 
may prove to be misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of final regulations (TD 8992), which 
were the subject of FR Doc. 02-9931, is corrected as follows:
    1. On page 20902, column 2, in the preamble, the second line from 
the bottom of the first full paragraph, the language ``regulations 
(REG-106388-01) under'' is corrected to read ``regulations (REG-106388-
98) under''.

Guy R. Traynor,
Federal Register Certifying Officer, Regulations Unit, Associate Chief 
Counsel (Income Tax & Accounting).
[FR Doc. 02-13170 Filed 5-29-02; 8:45 am]
BILLING CODE 4830-01-P