Tax & Evaluation第 104 / 110 题
A donor wants to make a large lump-sum contribution to a 529 plan without using lifetime gift tax exemption. Which feature helps?
a.529 contributions are never treated as gifts
b.Contributions are deductible on the federal return
c.A special election allows the contribution to be spread over five years for annual gift tax exclusion purposes
d.The annual exclusion does not apply to contributions for grandchildren
解析
529 plans permit front-loading a contribution and electing to treat it as if made ratably over five years, letting the donor apply five years of annual exclusions at once. Contributions are completed gifts, so saying they are never gifts is wrong. There is no federal deduction for 529 contributions, though many states offer one, and the annual exclusion applies to any donee.
法律依据: Internal Revenue Code Section 529免费刷完整 110 道题库 — 无需注册。
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