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chisue

Tax Benefit for Paying Grandchild's Tuition?

chisue
12 years ago

I know I should pore over the IRS webpage, but...I bet someone here already knows the answer.

If I pay my grandson's tuition direct to the college, is it a tax advantage to either of us -- or would he have to be my dependent? (He's not.)

Perhaps all I can do is GIVE him $13K a year (tax free to me).

Grandma Sue

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