Estate tax treatment
(A) In general
(A)In general#
No amount shall be includible in the gross estate of any individual for purposes of chapter 11 by reason of an interest in a qualified tuition program.
(B)Amounts includible in estate of designated beneficiary in certain cases#
Subparagraph (A) shall not apply to amounts distributed on account of the death of a beneficiary.
(C)Amounts includible in estate of donor making excess contributions#
In the case of a donor who makes the election described in paragraph (2)(B) and who dies before the close of the 5-year period referred to in such paragraph, notwithstanding subparagraph (A), the gross estate of the donor shall include the portion of such contributions properly allocable to periods after the date of death of the donor.