I am selecting both of these checkboxes. The second checkbox because I have been making contributions to the 529 plan since 2017 and every year the contribution has exceeded $4000.
- I made a payment or contribution in 2024
- I have a payment or contribution to carry over from 2023
On the next screen, it asks me for '2024 Contribution' and 'Prior Year Contributions Not Deducted'. How do I find out Prior Year Contributions Not Deducted? Would this involve adding the total contribution amount from 2017 to 2023 and subtracting the total amount that has been deducted for the tax years 2017 to 2023?
