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New Member
posted Jun 6, 2019 1:55:53 AM

I contribute to a M.529 college fund account out of pocket for my son Sebastian. Are there any tax benefits for contributing?

I did not withdraw anything but didn't know if I get a credit for simply contributing with post-tax dollars.


I already submitted my return for MI and according to MI there is tax benefits but I can't find where to put it in my Amended return.

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2 Replies
Level 7
Jun 6, 2019 1:55:55 AM

Contributions to a qualified college savings plan (such as a 529) are not deductible on a federal return, but may be deductible on your state return.

If so, TurboTax will prompt you to enter your contribution(s) on your state return

New Member
Jun 6, 2019 1:55:56 AM

I already submitted the return without it and when I try to amend the state return it just gives me the form and I don't know what to do with the form.