- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I'm the account owner of three different Virginia 529 accounts. I have an account for each of my 3 sons. I've contributed $4K to two of the accounts and $2K to one account--$10K total in 2021. (I know the maximum that can be contributed to any one account is $4K and still be eligible for the full deduction.) . When I've entered this info into TurboTax, I'm only seeing a $6K deduction. I should be getting the full $10K deduction. Last year, when I had this problem, I called TurboTax and was given a work around. Prior to the 2020 tax season, I never had this problem. Can you provide the workaround to fix this or update your software?
‎February 1, 2022
12:13 PM