Bacchus01 wrote:So, if I read that right, I can open a 529 with me as the beneficiary, accumulate say $60k in it, and change the beneficiary to one of my children with no tax implications including gift tax issues?
seattlereader wrote:do you think TurboTax will be set up to handle this "circular relationship" successfully in the upcoming tax prep season for the 2014 tax year?
retiredjg wrote:However, I don't know the answer to the question about filling both a Roth IRA and a Solo 401k based on the same dollars.
kaneohe wrote:Can you gift him the money and let him take the credit?
Hayden wrote:I put in the money, but split ownership with my partner 51/49.