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Qualified tuition programs under 529 enjoy significant tax advantages. Describe these advantages with regard to the: Federal Income Tax Federal Gift Tax Federal Estate Tax
Qualified tuition programs under 529 enjoy significant tax advantages. Describe these advantages with regard to the: Federal Income Tax Federal Gift Tax Federal Estate Tax In your analysis, provide an example of the income, estate or gift tax savings associated with a Qualified tuition programs under 529 that estimates the savings for utilizing this tax planning technique. Note that you may need to make certain assumptions regarding your clients income level and/or tax rate
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