In 2018. Noah and Sophia want to make a maximum contribution to their states qualified tuition program
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In 2018. Noah and Sophia want to make a maximum contribution to their state’s qualified tuition program (§ 529 plan) on behalf of their minor granddaughter. Amanda, without exceeding the annual Federal gift tax exclusion.
a. How much can they give on behalf of Amanda gift tax-free?
b. Express your answer as a Microsoft Excel command.
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Related Book For
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young
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