Guide Disclaimer
This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of
avoiding U.S. federal, state or local tax penalties.
This material is written to support the promotion or
marketing of the transaction(s) or matter(s) addressed by this material. Broker Educational Sales &
Training, Inc., its affiliated companies and distribution partners and their respective representatives do
not provide tax, accounting or legal advice.
Any taxpayer should seek advice based on the taxpayer's
particular circumstances from an independent tax advisor.
