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She’ll Pay Her Granddaughter’s $60,000 Tuition Bill Straight to the College. It Won’t Count Against Her Annual Gift Limit, Because Tuition Paid Directly to the School Isn’t a Gift at All
Source: 247wallst.com
Tax & Tariffs
Federal tax law allows grandparents to pay tuition bills of any size without triggering gift tax rules. The article says most families paying for college are unaware of this provision.
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