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AndrewA87
Level 5
August 15, 2025
Solved

Are Parent Plus loans Considered Gifts?

  • August 15, 2025
  • 1 reply
  • 1 view

Are Parent Plus loans Considered Gifts?

 

 

    Best answer by xmasbaby0

    No there is no reason to report a gift for a student loan.

    1 reply

    X
    Level 15
    xmasbaby0Level 15
    Level 15
    August 15, 2025

    No.   A loan must be repaid.  A loan is not a gift.   What are you trying to do?

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    A
    AndrewA87Author
    Level 5
    August 15, 2025

    I was just wondering if there was gift tax reporting implications.

     

    Thanks for the quick response.

    X
    Level 15
    xmasbaby0Level 15Answer
    Level 15
    August 15, 2025

    No there is no reason to report a gift for a student loan.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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