AnnetteB6
Employee Tax Expert

State tax filing

I apologize for the confusion.  The information about your contributions is not entered into your Federal tax return.  The Federal AGI amount is transferred over to the Missouri tax return as the starting point for the Missouri return.

 

The 529 contribution is only entered into the Missouri return in TurboTax and is included as a subtraction from your income to determine your Missouri adjusted gross income.  If your Missouri adjusted gross income is reduced to zero by other factors, then entering the 529 contributions will not affect your refund amount.

 

If you are using TurboTax Online, take a look at your Missouri tax summary using the following steps while you are in the Missouri return:

 

  • In the navigation area on the left side of your screen, click Tax Tools to expand your choices
  • Click Tools, which will open the Tool Center
  • Click View Tax Summary under “Other Helpful Links…

The amount of your 529 contributions will be included as part of the line labeled Total Adjustments Additions and Subtractions.  Underneath that line, you will see the Missouri Adjusted Gross Income.  

 

@HebeGB 

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