ColeenD3
Expert Alumni

Get your taxes done using TurboTax

Yes, MI contribution amount is lower.

 

Contributions are deductible for Michigan income tax purposes up to $5,000 per year for a single income tax return filer and $10,000 per year for joint filers. Incoming rollovers from another 529 account, however, are not eligible for the tax deduction.

 

MI 529