Rocky1049
New Member

529 turbo tax where to put the # of beneficiaries and standard deductions

So on Turbo tax it seems to only ask how much we contributed to the 529, but since I have 3 different beneficiaries my cap should be 7,500 not 2,500 is there a place to note the number of accounts? Or does it automatically know to count the full amount? 

 

Also if I take the standard deduction for the federal and as a consequence have to take the standard for Maryland will the 529 still reduce my tax liability?