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Get your taxes done using TurboTax
The 529 contribution is considered a deduction from your income. There is no section labelled "Deductions" -- it is handled on the screen Here's the income that Virginia handles differently.
To enter your 529 contribution, please follow these steps:
- Go back in to your VA return and go to the screen, Here's the income that Virginia handles differently.
- In the Education section click on the Start/Revisit box next to Virginia College Savings Prepaid Tuition (Section 529) Plan.
- When you are finished entering the first contribution, you will be brought to Your College 529 Plan Payments and Contributions Summary.
- To enter a payment to another account, click Add Another Account. You can also Edit or Delete previous entries.
- Continue with your entries to 529 accounts. Click Done when finished.
- You will be returned to the screen, Here's the
income that Virginia handles differently to enter other deductions.
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‎June 6, 2019
12:51 AM