![]() ![]() ![]() See section 170(b)(1)(A)(ii) and the regulations thereunder. For purposes of paragraph (b)(1)(i) of this section, a qualifying educational organization is one which normally maintains a regular faculty and curriculum and normally has a regularly enrolled body of pupils or students in attendance at the place where its educational activities are regularly carried on. (ii) To any person who provides medical care with respect to that individual as payment for the qualifying medical expenses arising from such medical care. (i) As tuition to a qualifying educational organization for the education or training of that individual, or For purposes of this paragraph, the term “qualified transfer” means any amount paid on behalf of an individual. A contribution to an ABLE account established under section 529A is not a qualified transfer. Furthermore, an exclusion for a qualified transfer is permitted without regard to the relationship between the donor and the donee. This exclusion is available in addition to the $10,000 annual gift tax exclusion. Thus, a qualified transfer on behalf of any individual is excluded in determining the total amount of gifts in calendar year 1982 and subsequent years. Section 2503(e) provides that any qualified transfer after December 31, 1981, shall not be treated as a transfer of property by gift for purposes of Chapter 12 of Subtitle B of the Code. § 25.2503-6 Exclusion for certain qualified transfer for tuition or medical expenses. ![]()
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