Timeline for Paying someone's college tuition to avoid gift taxes: how do I show the payment is applied to tuition, not other fees?
Current License: CC BY-SA 3.0
4 events
| when toggle format | what | by | license | comment | |
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| Jul 19, 2017 at 19:33 | comment | added | TTT | @Mas - My understanding is you would have to file form 3520 if you receive more than $100K from foreign persons. I'm finding conflicting information regarding whether a Non-Resident alien as the payer should have to file a gift tax form. Might as well err on the side of caution and have her fill it out. | |
| Jul 19, 2017 at 18:23 | comment | added | Mas | Hi @TTT , I just saw your reply to my deleted comment--but can't see it now. Anyway, I think non-residents actually need to file gift taxes. See: ttlc.intuit.com/questions/… | |
| Jul 19, 2017 at 18:16 | vote | accept | Mas | ||
| Jul 19, 2017 at 15:41 | history | answered | TTT | CC BY-SA 3.0 |