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I expected to get a subtraction for my contributions for Virginia College America 529 contrbutions but my refund didn't grow when I entered my contributions. Any ideas?

 
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RichardG
New Member

I expected to get a subtraction for my contributions for Virginia College America 529 contrbutions but my refund didn't grow when I entered my contributions. Any ideas?

There are a variety of explanations, but often this occurs when a taxpayer is already receiving the maximum refund without the additional deduction.  Please review your numbers to see if that's your situation.

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1 Reply
RichardG
New Member

I expected to get a subtraction for my contributions for Virginia College America 529 contrbutions but my refund didn't grow when I entered my contributions. Any ideas?

There are a variety of explanations, but often this occurs when a taxpayer is already receiving the maximum refund without the additional deduction.  Please review your numbers to see if that's your situation.

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