Deductions & credits

@Lot   @DanPaul02   @Critter-3 

 

According to the VA-529 FAQs, only the account owner can take the deduction.  (Yes, presuming the VA529 plan people keep up with whatever the current VA tax rules are) :

 

"Can  anyone make contributions to my account? 

Yes! Anyone may contribute to your Virginia529 account, but only account owners may take the Virginia state income tax deduction for contributions."

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529 FAQs | Learn | Virginia529

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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