On Wed, Aug 5, 2020 at 2:41 PM doncram <donc...@gmail.com> wrote: > > I said: > > ........ I am not an expert about how personal financial accounting should > > be done, where that is different from business accounting....... > Another said: "If you lack the "qualifications" to be a tax advisor, don't > say tings > like that" > My response: Well, I don't think i did wrong by suggesting there could be > tax consequences of how the educational fund was set up, and by my pointing > to 529 plans in the U.S., not yet brought up. I will try to be clear about > what I know and don't know, and think I did okay that way in the > qualifications I stated. > > Right, though, I surmised, possibly incorrectly, that for the original > poster, that unrealized gains/losses in an informal fund should be included > in regular income and would be taxable. It has been pointed out that the > gains/losses might not be taxable until stocks are sold. Their question, > anyhow, was how to do the accounting in GnuCash, and that is still open IMO.
If it helps set anyone's mind at ease, I didn't take this as tax advice :) -dann _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
