Thanks for your replies.
I find that IRS allow to gift 14K for 2016. Is it possible to buy dorm, meal, books, computer etc as gift to my kid?
Ref: https://www.irs.gov/pub/irs-pdf/i709.pdf
Thanks for sharing.
Thanks for your replies.
I find that IRS allow to gift 14K for 2016. Is it possible to buy dorm, meal, books, computer etc as gift to my kid?
Ref: https://www.irs.gov/pub/irs-pdf/i709.pdf
Thanks for sharing.