Reply to Amount of Endowment Tax Liability Expected for 25 Elite US Universities

Forum Index » College and University Discussion

Reply to "Amount of Endowment Tax Liability Expected for 25 Elite US Universities"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If one's tuition is paid by a scholarship fund or by a grandparent, that student still receives a tuition bill and statement showing that the student's tuition has been paid.[/quote]

[b]The regulations provide[/b] that if one’s tuition is paid by an outside scholarship fund, that student would be “tuition-paying,” but not if institutional funding pays for the tuition.  [/quote]

Thank you for this response. Can you cite a source for this definition ? I understand that you referenced "the regulations", but I did not see such a definition in The Big Beautiful Bill, although, admittedly, my read was fairly quick & focused on the one section.[/quote]

Someone posted them above, in a link on the first page.  They are also quoted above.

Those are the regs that the IRS previously adopted. The regulations are still in force with these statutory amendments unless the IRS changes the regs, which they would need to do after notice and comment and would need to explain why the record warrants a change.

Happy to answer any other administrative law questions. This is what I do for a living. [/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