Launch529

Private school, nonsectarian

Long Island School for the Gifted

Huntington Station, NY · Grades K to 9 · 140 students

Can a 529 pay for Long Island School for the Gifted?

Yes. Federal law lets a 529 plan pay tuition at a private, public or religious elementary or secondary school, up to $20,000 a year per student. Long Island School for the Gifted is a private school serving grades k to 9, so its tuition is the kind of cost this covers.

What a 529 can pay

  • Tuition, up to $20,000 a year per student
  • Curriculum, books and instructional materials
  • Tutoring and classes outside the home
  • Fees for SAT, ACT, AP and other exams
  • Online educational materials
  • Educational therapies for a student with a disability

What it can’t

  • Registration, application and building fees
  • Activity, field trip and technology fees
  • Uniforms, sports and extracurriculars
  • School meals and transportation
  • Aftercare and summer camps

Ask Long Island School for the Gifted which of its charges are billed as tuition. Fees added to a tuition bill are not always covered.

What New York does with it

The tax rule is your state of residence’s, so this applies if you live in New York.

New York does not follow the federal K-12 rule

New York does not treat K-12 withdrawals from a 529 as qualified. The earnings part is generally taxed as New York income, and a New York deduction you took for contributing may be taken back. Federally the withdrawal can still be tax-free, so the question is whether the benefit is worth the state tax.

General information, not tax advice. Source: NYSaves (New York 529) on K-12 withdrawals. Source: Saving for College, which states conform to federal 529 law (Jan. 2026). How it works

Plan and track Long Island School for the Gifted costs

Add this school to a free plan, see how it fits with college savings, and log each tuition bill, book and test fee so it is checked against the rules and ready for tax time.

More private schools in Huntington Station

School details: Huntington Station, NY · Private (nonsectarian) · Grades K to 9. Source: U.S. Department of Education, National Center for Education Statistics (2021-22). General information, not tax advice.