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Author: RecoveringFool Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5741  
Subject: Re: What education qualifies for tax-free gifts? Date: 7/8/1998 4:45 PM
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<<the first and most important rule is that the payment has to go DIRECTLY to the service provider (doctor/hospital for med expenses, school/tuition for educational expenses)... >>
There is no requirement about what the education might contribute to your life. To be on the safe side, attend an accredited institution and you'll be fine. grandparents can pay for any kind of education- preschool, k-12, college, etc. Wish my kids' grandparents would. Maybe their childrens' gradnparents will ;)
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