Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "can I pay college tuition with appreciated stock?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]that's my question. aren't these schools not for profits? I know tuition isn't tax deductible (although I wonder why not), but can I pay with stocks?[/quote] Anytime you receive a service it’s not tax deductible even if the organization providing the service is. Your child is receiving education for your tuition thus it’s not deductible even though the school is tax exempt. [b]If your appreciated stock is in a 529 then you won’t pay capital gains when you sell it and pay tuition.[/b] If it’s in a regular brokerage account you will pay capital gains tax to sell the stock. [/quote] Tuition as well as other educational expenses ?[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
