pnc246
New Member

PAY COLEGE TUITION FOR GRANDON WHO DOES NOT FILE TAXES AND NOT MY DPENDENT

 

Education

That was really generous of you.  Unfortunately,  it is not deductible for you, since he is not your dependent.  Gifts given to indivuduals are not deductible.   I kind of hate to say this but if you gave him over $14,000 you need to fill out a 709 gift tax form--although the gift will not be taxed.

Turbo Tax does not support the gift tax form 709, but here is a link:

https://www.irs.gov/pub/irs-pdf/f709.pdf

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