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Returning Member
posted Mar 21, 2021 4:55:06 PM

Where do I show the 529 contributions on New York State taxes? I think this normally is shown on page 2, #30 on the IT-201 form.

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3 Replies
Employee Tax Expert
Mar 21, 2021 5:12:08 PM

As you are completing your New York State return, you will get to a page titled Changes to Federal Income. Click Start next to New York college savings account activity. On the next page, you can enter the 529 contributions paid. I have attached a screenshot below for additional guidance. 

 

 

 

Level 2
Feb 27, 2025 10:55:05 AM

I entered my 529 contribution on line 30 which is in “red”. Thus , an error and I can’t file . On IT-201 indicated a full time NY resident . If I leave blank and don’t take the deduction it doesn’t ifucatecsn error  and I lose it. What’s  the problem ? 

Expert Alumni
Feb 27, 2025 11:16:05 AM

If you're a New York State taxpayer and an account owner, you may be able to deduct up to $5,000 ($10,000 if you're married filing jointly) of your Direct Plan contributions when you file your state income taxes. 

 

To enter your contributions:

  1. Open your NY state return
  2. On the screen Changes to Federal Income
  3. select New York 529 college savings account activity