College Tuition for Child - Gift Tax?

Discussion in 'Tax' started by Jeff Wisnia, Dec 23, 2014.

  1. Jeff Wisnia

    Jeff Wisnia Guest

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

    Thanks,

    Jeff
     
    Jeff Wisnia, Dec 23, 2014
    #1
    1. Advertisements



  2. Not if you pay it directly to the college.
     
    Arthur Kamlet, Dec 23, 2014
    #2
    1. Advertisements

  3. Jeff Wisnia

    Jeff Wisnia Guest

    We do pay it to the college, thanks!

    Jeff
     
    Jeff Wisnia, Dec 23, 2014
    #3
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.