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College and University Discussion
Reply to "Tuition Paid by Grandma"
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[quote=Anonymous]Didn't see the College Forum, so reposting here. Grandma has generously offered to write a check to pay for our DS first year at a state university. I'm going to do some research, but how does this work? Is this as simple as having GM write check to the college? Are we or DS on the hook for taxes? Is this considered a taxable gift? Anyone have advice? DS is 18.[/quote]
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