State tax filing
Oregon no longer allows a deduction for 529 contributions (unless you are carrying forward unused deductions from prior years.)
Rather, the current benefit is a tax credit, with a maximum value of $180.
Here is how you can enter your Oregon 529 contributions.
- Navigate to the Oregon section of TurboTax (State Taxes > Your State Returns > Oregon)
- Continue through the interview until you arrive at Take a look at Oregon credits and taxes
- Select start or revisit Oregon higher education savings plan credit
- Answer the questions on the following screens regarding the contributions you made to the Oregon 529 plan(s)
