Individual taxpayers may deduct up to $10,000 in Oklahoma 529 contributions each year from their Oklahoma adjusted gross income, and taxpayers filing jointly may deduct up to $20,000. Carry forward larger amounts up to five years.
Open your Oklahoma return:
- Continue to the screen Additional Oklahoma Adjustments
- Select Start next to Made contribution to Oklahoma 529 college savings plan and OklahomaDream 529 account.
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