Question: Exercise 2 9 - 2 4 ( LO . 5 ) Noah and Sophia want to make a maximum contribution to their state's qualified tuition

Exercise 29-24(LO.5)
Noah and Sophia want to make a maximum contribution to their state's qualified tuition program (Code 529 plan) on behalf of their minor granddaughter, Amanda, without exceeding the annual Federal gift tax exclusion.
How much can they transfer to the plan for Amanda without incurring a current Federal gift tax?
Exercise 2 9 - 2 4 ( LO . 5 ) Noah and Sophia

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