To an 18 year old making $200k in endorsement deals
by tdiddy07 (2019-01-10 13:58:00)

In reply to: The sticker cost of tuition is about as relevant  posted by KeoughCharles05


it is the true cost of the product. That seemed to be the idea I was responding to.


it's actually not
by jt  (2019-01-10 14:08:05)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

you would have to be making even more than that to pay full freight.

And I assume that the 200k would go on a schedule C and there would be related deductions for that income that would actually bring it down substantially.

And most importantly, I would imagine that the VAST majority of kids would fall well below that 200k of income.