8-K

               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549


                        _________________


                            FORM 8-K

                         CURRENT REPORT
             Pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934

                        _________________


                  Date of Report: June 26, 2003
                (Date of earliest event reported)


                       TEMPLE-INLAND INC.
     (Exact Name of Registrant as Specified in its Charter)

      Delaware             001-08634             75-1903917
  (State or Other         (Commission           (IRS Employer
    Jurisdiction          File Number)       Identification No.)
 of Incorporation)



        1300 South MoPac Expressway, Austin, Texas 78746
            (Address of Principal Executive Offices)


                         (512) 434-5800
      (Registrant's telephone number, including area code)



                         Not Applicable
  (Former Name or Former Address, if Changed Since Last Report)



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Item 5.        Other Events.

     The Internal Revenue Service ("IRS") recently concluded its
examination of Temple-Inland Inc.'s (the "Company") tax returns
through 1996 including matters related to the Company's net
operating losses and minimum tax credit carryforwards, which
resulted from certain deductions following the Company's 1988
acquisition of Guaranty Bank and for which no financial
accounting benefit had been recognized.   In addition, the
Company resolved certain state tax refund claims for the years
1991 through 1994.

     As a result, valuation allowances and tax accruals
previously provided for these matters are no longer required.
Accordingly, the Company will record a second quarter 2003 one-
time tax benefit of approximately $165 million, or approximately
$3.15 per diluted share.  Of this one-time benefit, approximately
$25 million represents expected cash refunds of previously paid
taxes plus related interest.  The remainder is a non-cash
benefit.

     On June 26, 2003, the Company issued a press release
announcing the conclusion of these income tax matters.  A copy of
the press release is furnished as exhibit 99.1 of this report.

Item 7.  Exhibits.

     (c)  Exhibits.

     99.1 Press release issued by the Company on June 26, 2003,
          announcing the conclusion of certain income tax
          matters.



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                            SIGNATURE

     Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.


                              TEMPLE-INLAND INC.


Date: June 26, 2003                By:  /s/ Louis R. Brill
                                      --------------------------
                                   Name:  Louis R. Brill
                                   Title: Vice President and
                                   Chief Accounting Officer




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                          EXHIBIT INDEX

Exhibit   Description                                      Page
- -------   -----------                                      ----

99.1      Press release issued by the Company on June 26,     5
          2003, announcing the conclusion of certain
          income tax matters.

EX-99

                   [TEMPLE-INLAND INC. LOGO]


NEWS
RELEASE----------------------------------------------------

FOR IMMEDIATE RELEASE
CONTACT: Doyle R. Simons
         (512) 434-3737


        TEMPLE-INLAND INC. ANNOUNCES THE CONCLUSION
                 OF CERTAIN TAX  MATTERS


     AUSTIN, TEXAS, June 26, 2003 -- Temple-Inland Inc. announced
today that the Internal Revenue Service ("IRS") has concluded its
examination of the Company's tax returns through 1996 including
matters related to the Company's net operating losses and minimum
tax credit carryforwards, which resulted from certain deductions
following the Company's 1988 acquisition of Guaranty Bank and for
which no financial accounting benefit had been recognized. In
addition, the Company announced the resolution of certain state
tax refund claims for the years 1991 through 1994.

     As a result, valuation allowances and tax accruals
previously provided for these matters are no longer required.
Accordingly, the Company will record a second quarter 2003 one-
time tax benefit of approximately $165 million, or approximately
$3.15 per diluted share.  Of this one-time benefit, approximately
$25 million represents expected cash refunds of previously paid
taxes plus related interest.  The remainder is a non-cash
benefit.

     Temple-Inland Inc. is a major manufacturer of corrugated
packaging and building products, with a diversified financial
services operation. The Company's 2.0 million acres of forestland
are certified as managed in compliance with ISO 14001 and in
accordance with the Sustainable Forestry Initiative (SFI SM)
program of the American Forest & Paper Association to ensure
forest management is conducted in a scientifically sound and
environmentally sensitive manner.  Temple-Inland's common stock
(TIN) is traded on the New York Stock Exchange and the Pacific
Exchange. Temple-Inland's address on the World Wide Web is
www.templeinland.com.

     This release contains forward-looking statements that
     involve risks and uncertainties.  The actual results
     achieved by Temple-Inland may differ significantly from
     the results discussed in the forward-looking
     statements.  Factors that might cause such differences
     include general economic, market, or business
     conditions; the opportunities (or lack thereof) that
     may be presented to and pursued by Temple-Inland and
     its subsidiaries; competitive actions by other
     companies; changes in laws or regulations; the accuracy
     of certain judgments and estimates concerning the
     integration of Gaylord into the operations of the
     company; the accuracy of certain judgments and
     estimates concerning the company's consolidation and
     supply chain initiatives; and other factors, many of
     which are beyond the control of Temple-Inland and its
     subsidiaries.