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Education
There is no deduction allowed in your Federal return for 529 contributions.
Michigan gives you a deduction if you contribute to a state-sponsored 529 plan.
Since10K is the maximum deduction they are allowing for your contributions, there may not be any carryover for excess contributions.
Here's a link to the FAQ for the program:
https://www.misaves.com/help/faq/
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‎June 6, 2019
9:40 AM