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jh4986: "I am paying my niece's college tuition, and expenses this year. She is an international student, so likely will exceed 50K total this year."

I am confused about what year "this year" refers to in your post.

I remind you that US tax year is generally a calendar year for most individual taxpayers, but typical school years (and their payments) often straddle two calendar years.

For example (and ignoring for the other post about potential tuition exclusion), if you pay fall semester 2014 tutition in 2014 and spring semester tutition in January 2015, your gifts are made in two different years. Of course, if you also cover fall semester 2015 tutition in 2015, that would still be the same calendar year and it might be an issue.

Regards, JAFO
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