Tuition/taxes question any accountant help appreciated

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Forum -> Chinuch, Education & Schooling

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amother

Tue, Nov 19 2024, 11:31 am

In order to pay tuition we are going to have to sell some stocks and the capital gains tax will be very significant. Curious is their is any legal way and/or tax plan strategy to help minimize or defer this capital gains tax if the stock sale is being used soley for the education of our children and will be going directly to an eductaional institution.
NY state in case applicable

Thank you so much.

amother

Dill

Tue, Nov 19 2024, 12:09 pm

Speak with an accountant good luck.

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