College Tuition for Child - Gift Tax?


J

Jeff Wisnia

If my wife and I pay the current egregious college tuition for our child
is it considered a "gift".

Thanks,

Jeff
 
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A

Arthur Kamlet

If my wife and I pay the current egregious college tuition for our child
is it considered a "gift".


Not if you pay it directly to the college.
 
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