Where can I enter a contribution to an ABLE account on the VA return?.

[bleafstewart]

This is not listed with the 529 accounts.

[MichaelDC · Accepted solution]

Contributions to an ABLE account are not tax-deductible, but all investment earnings remain untaxed as long as money taken from the account is used for "qualified disability expenses."  Consequently, there's no place on the federal or Virginia return to enter contributions.

Such expenses include, among other things:

• Medical treatment
• Education, tutoring and job training
• Special-needs transportation
• Assistive technology
• Housing
• Legal and administrative fees

Please feel free to post any additional details or questions in the comment section.

[vze25v98]

VA does allow this deduction but apparently TurboTax does not accommodate.  Does anyone know how to work around this?

[MaryK4]

In the Virginia state taxes, look for the screen that says "Here's the income that Virginia handles differently" -under Investments, look for ABLEnow Account Contributions.

@vze25v98