Hello. I'm considering setting up a Sec. 529 plan (College Savings Plan) and according to the Plan documents I can give up to $50,000 in a single year and "average out over five years for purposes of the gift tax exclusion."If I were to do this what form(s) do I need to complete so the IRS knows that I'm using this "averaging"?Is there a publication on this?Thanks,e
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