It depends. See the following information about 529 Plans for nonresidents working in New York (NY).
- Out of State Savers -- Qualify for a New York State tax deduction: If you work in New York and pay New York State income taxes, you may be entitled to a state tax deduction of up to $5,000 ($10,000 if you're married filing jointly) on contributions to your Direct Plan account.*
- *New York State tax deductions may be subject to recapture in certain additional circumstances such as rollovers to another state's 529 plan, withdrawals used to pay elementary or secondary school tuition, rollovers to a beneficiary's Roth IRA account, or qualified education loan repayments as described in the Disclosure Booklet and Tuition Savings Agreement. State tax benefits for non-resident New York taxpayers may vary. Tax and other benefits are contingent on meeting other requirements. (From the link above)
- Direct Plan Tax Benefits - Review for your situation.
If you do decide you should amend, then use the instructions below. An amendment for the state begins with the federal return even if you are not amending the federal.
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