State tax filing
TurboTax will not distinguish multiple accounts but it will allow you to enter up to $2,500 as a deduction on your Maryland income taxes.
You can see the subtraction on the screen Here's the income that Maryland handles differently.
If you are the account holder or a contributor, you can deduct up to $2,500 of payments each year from your Maryland State income per account - $5,000 for two, $7,500 for three, etc. Payments in excess of $2,500 per account can be deducted in future years until the full amount of payments has been deducted.
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