Bulletin No. 2003–6 February 10, 2003

T.D. 9029, page 403. Final regulations under section 6050S of the Code provide guidance to eligible educational institutions on the information reporting requirements for qualified tuition and related expenses. The regulations under section 6011(e) require certain information returns to be filed on magnetic media.

Notice 2003–11, page 422. Effective date of regulations under sections 6011 and 6112. This notice alerts the public that Treasury and the IRS will be providing some relief in regards to the effective dates of temporary regulations sections 1.6011–4T and 301.6112–1T that relate to tax shelter registrations.

Notice 2003–12, page 422. Nonaccrual experience (NAE) method. This notice provides interim guidance to taxpayers seeking to change to, or from, a nonaccrual experience (NAE) method of accounting pending issuance of final regulations under section 448(d)(5) of the Code, as amended by the Job Creation and Worker Assistance Act of 2002. Rev. Proc. 2002–9 modified.

Rev. Proc. 2003–17, page 427. Insurance companies; loss reserves; discounting unpaid losses. The loss payment patterns and discount factors are set forth for the 2002 determination year. These factors will be used to compute discounted unpaid losses under section 846 of the Code.

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