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Reply to "God Son’s Tuition"
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[quote=Anonymous]My God son is starting college (out of state public university) this fall. His parents seek “donations” to contribute to his tuition and fees. They mentioned setting up a Go Fund Me. What is the most tax effective way for the parents or the son to receive this money? All recommendations and insights are welcome. I am not sure what we will contribute. Likely somewhere between $1-2k per year as long as he stays in good academic standing. [/quote]
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