in [Event] Ask the Experts: Itemized Deductions - Schedule A
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No, it doesn't change the situation. It's the same as if you sold the stock, put the money in your bank account, and wrote a check to the college. Selling the stock and paying the tuition are two independent transactions. You still have to report the sale of the stocks the same as if you kept the money from the sale.
No, it doesn't change the situation. It's the same as if you sold the stock, put the money in your bank account, and wrote a check to the college. Selling the stock and paying the tuition are two independent transactions. You still have to report the sale of the stocks the same as if you kept the money from the sale.
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