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Michael and Addison Are Married and Have a 9-Year Old

Question 118

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Michael and Addison are married and have a 9-year old grandson,Braydon.They want to contribute to a § 529 plan on behalf of Braydon's education.For 2009,what is the maximum amount they can transfer to the plan without making a taxable gift?

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$130,000.2 (number o...

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