AmyC
Expert Alumni

State tax filing

The $2500 is per contributor, per beneficiary. As a MFJ couple, that means up to $5,000 per beneficiary - up to $2500 from each of you as a contributor.

 

The state of MD form just lists a total. Enter your total amount up to  $2500 per contributor, per beneficiary. So, two kids could be up to $10,000 entered.

Reference: Tax Advantages | Maryland 529

 

Form 502SU

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"