Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
joandaughton
New Member

I want to enter money I contributed to a Nebraska college savings plan and can't find where to enter that

 
1 Reply
Fern
New Member

I want to enter money I contributed to a Nebraska college savings plan and can't find where to enter that

You do not get a tax benefit for making a contribution to a 529 account on your federal taxes. The tax benefit for these accounts are that the income earned on the amounts contributed are not taxes as long as the account is used for educational purposes.

You may get a tax deduction on your state tax return for making a contribution to a 529 account. The Turbo Tax program will ask you about contributions as you complete your state tax return.
Privacy Settings
v