529 contribution deduction on federal return

[Diri]

How do I deduct $7500 total contribution to a 529 plan for 2 grandchildren?

[Hal_Al]

There is no federal deduction for making a contribution to a 529 plan. Some states allow a deduction on the state return. If your state is one, it will come up in the state interview; usually in the "Here's how (your state) handles income differently" section. Some do allow a deduction even if the beneficiary is not your dependent (so grandparents can get it). 

see:

http://www.savingforcollege.com/compare_529_plans/index.php?page=compare_plan_questions&plan_questio...

[Diri]

Thank you so much!