MindyB
Expert Alumni

Education

You shouldn't enter this in federal adjustments, 529 contributions are not a federal deduction. 

 

Here is how you can enter your Iowa 529 contributions.

 

  1. Navigate to the Iowa section of TurboTax (State Taxes > Iowa)
  2. Continue through the interview until you arrive at the screen Do You Have Any Personal Adjustments? Since College Savings Iowa or Iowa Advisor 529 Plan is listed, select "Yes."
  3. Enter the information from the 529 contribution on the line College Savings Iowa, up to $5,800 per Beneficiary

Here is some more information on deducting 529 contributions: 529 Plans and Taxes: Deductions, Tax-Free Withdrawals & More