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kquigg
New Member

529 maximum contribution and gift tax

I am paying my tuition with a 529 plan in Coloradio. Will I be charged a gift tax if I am paying it to my own tuition? I have currently contributed 15900 to my 529  and is there a maximum recommended amount to contribute to avoid gift tax if paying to my own tuition? 
1 Reply
Critter
Level 15

529 maximum contribution and gift tax

Will I be charged a gift tax if I am paying it to my own tuition?  Heavens no. 

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