how to claim money towards education fund

elmak16 · ‎April 14, 2026

Hal_Al

There is no federal deduction for making a contribution to a 529 or other qualified tuition plan (QTP), so there is no place in the TurboTax (TT) Federal program to enter it. TT will not be tracking your contributions.

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. If you state allows a carryforward, the TT state program will track that.

For a state list of eligible plans, see: https://www.savingforcollege.com/article/how-much-is-your-state-s-529-plan-tax-deduction-really-wort...

View solution in original post

Hal_Al

There is no federal deduction for making a contribution to a 529 or other qualified tuition plan (QTP), so there is no place in the TurboTax (TT) Federal program to enter it. TT will not be tracking your contributions.

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. If you state allows a carryforward, the TT state program will track that.

For a state list of eligible plans, see: https://www.savingforcollege.com/article/how-much-is-your-state-s-529-plan-tax-deduction-really-wort...