In 2016, Noah and Sophia want to make a maximum contribution to their states qualified tuition program
Question:
In 2016, 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 exclusion. How much can they give?
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In 2016 the annual gift tax exclusion was 14000 per donor per done...View the full answer
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Related Book For 
South Western Federal Taxation 2017 Comprehensive
ISBN: 9781305874169
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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