Dale
Nov 3 1999, 11:40 AM
Does anyone know the Letter Ruling Number of the situation sited in the Oct 27th Wall Street Journal "Tax Matters" where a grandmother paid $163,000 in prepaid tuition for her grandchildren? The amount was non-refundable and was not considered a gift since it was classified as tuition.
BobParks
Nov 5 1999, 07:53 PM
IRS Letter Ruling 199941013