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What medical and educational expenses are excluded from gift taxes?

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What medical and educational expenses are excluded from gift taxes?

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Tuition paid directly to a qualifying educational institution will not be considered a taxable gift to the student. The exclusion does not apply to amounts paid for room and board, books, supplies, or other similar expenses. Qualifying medical expenses paid directly to the health care provider. Premiums for health care insurance qualify. Medical expenses for cosmetic surgery does not.

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