Grandparents paying tuition

NJWrestlingmom
Fri, 12 Oct 2018 13:30:24 +0000

Agree with above posted about checking with a CPA. My in-laws give my son $5k a year towards his college costs (the whole thing would be great!!LOL), but were instructed to pay it directly to the institution. We don’t get paper bills - it’s all online through my son’s portal. I have access with my son’s user ID and password; when the bill posts, I send my in-laws instructions on where to send the check by what date. Paying the college directly benefits them somehow, and also doesn’t require us or my son to declare the money as income.