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Education
Enter 0 there if you did not make any contributions to the 529 plan. That questions is asking you about a tax deduction that you are not qualified to take. Contributions to a New York 529 plan of up to $5,000 per year by an individual, and up to $10,000 per year by a married couple filing jointly, are deductible in computing New York taxable income. Only contributions made by the account owner, or if filing jointly, by the account owner's spouse, are deductible. Don't deduct contributions your parents made on your tax return.
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‎February 13, 2022
2:55 PM