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Contributions to a Connecticut 529 plan (CHET) 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 Connecticut taxable income, with a five-year carryforward of excess contributions.
To enter your 529 contributions on your CT return, please follow these steps:
In the 2020 interview this was very hard to find. I almost forgot to deduct our $10000 --- since the place to enter it is under INCOME that Connecticut treats differently! It's a deduction, not income! Even when I remembered that I should deduct it, I had to come here to see where TT asked me about (after wasting a lot of time searching for it under deductions). This should be fixed.
this is a good point. thx!
I am starting CT 529 (CHET) as a part-year CT resident.
do I have the deduction of 5k/10k MFJ on CT state tax, as NR or part year resident?
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