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However if the other person does not possess the information necessary to comply with the reporting requirements of Form 1098-T then you must satisfy the reporting requirements of Form 1098-T. On Form 1098-T see Regulations section 1. 6050S-1. Also see Notice 2006-72 2006-36 I. R.B. 363 available at http //www. irs. gov/irb/2006-36IRB/ar10. html for guidance in a question and answer format on the information reporting requirements for Form 1098-T.

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