AnnetteB6
Expert Alumni

Education

Yes.  A rollover from another 529 plan into BrightStart can count as a contribution.  

 

The basis would represent your contribution portion to the previous plan and that is the amount that can be claimed as a contribution to BrightStart up to the limits of $10,000 for an individual or $20,000 for a joint filing.  The earnings are not eligible to be counted as a contribution for the deduction.  

 

To learn more, see the following:  Bright Start 529 Plan Help Center

 

@Amanda551

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