AmyC
Expert Alumni

State tax filing

As the state updates forms, they are incorporated into the system. Please check Forms Availability for your method of tax preparation. When able, follow these steps:

  1. Return to your VA state return
  2. Continue through until you reach Here's the income that VA handles differently
  3. Scroll down to Education
  4. Locate VA College Savings Prepaid Tuition
  5. Start
  6. Have you ever had a VA 529?
  7. Select Yes
  8. Continue
  9. Tell Us about your VA 529
  10. Select I made a payment or contribution in 2020
  11. Continue

Yes, the VA 529 is an excellent plan for tax benefits with its allowances. When the money comes out, you will get a 1099Q. See 

Guide to IRS Form 1099-Q: Payments from Qualified ...

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