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Level 1
June 1, 2019
Question

We contributed money to both of our children's 529 accounts for Maine. Where do I report these contribution amounts on my taxes?

  • June 1, 2019
  • 1 reply
  • 6 views
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1 reply

Level 11
June 1, 2019

Contributions to a qualified college savings plan are not deductible on your federal return, but may be deductible on your state return.  If your state allows a deduction, you will see the entry point as you work through the state return. 

You can find more details here Information on 529 Plans