How much can they transfer to the plan for grandchildren

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Reference no: EM132436939

Question - Noah and Sophia want to make a maximum contribution to their state's qualified tuition program (Code § 529 plan) on behalf of their 5 grandchildren without exceeding the annual Federal gift tax exclusion.

How much can they transfer to the plan for grandchildren without incurring a current Federal gift tax?

Reference no: EM132436939

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