topic VA 529 Plan Carryover in Get your taxes done using TurboTax

VA 529 Plan Carryover

techshop69 — Mon, 14 Apr 2025 00:47:11 GMT

The TurboTax VA State FY24 tax is stating that I have to carry-over funds to next tax year. However, I have not met the $4000 limit on all the accounts listed. I have 6 accounts with contributions totaling $13k. The VA 529 Plan allows a deductible limit of $24k (6 accounts x $4k). Clearly, I have not met the limit, and TurboTax should not be carrying-over any funds.

Is there a bug/glitch in the software or am I missing something?

Re: VA 529 Plan Carryover

AmyC — Mon, 14 Apr 2025 02:35:49 GMT

Something is wrong. A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files).

Online version:

Delete the contributions
Log out of your return and try one or more of the following:
- Don't use Internet Explorer.
- Clear cache and cookies,
- Sign in using a different browser.
- Sign in using a different device.
Log back into your return.
- Enter the information again.

Desktop version:

Delete the contributions
Save your return while closing the program.
Update the program
Open
Enter the information again.

Re: VA 529 Plan Carryover

techshop69 — Mon, 14 Apr 2025 12:53:39 GMT

Your solution did not resolve the issue. A carry-over is still stated, and what's weird is it's only for $602. This must be a bug. My concern is if I file, will this be corrected with next year's software? This is unlikely.

Re: VA 529 Plan Carryover

AmyC — Mon, 14 Apr 2025 15:36:19 GMT

Your tax forms need to be correct. It is an odd number. I am sure you have reviewed your tax forms for a checked box or oddity that is out of place. The $4k is per account, it sounds like you know to add the many accounts. You may want to file an extension and /or contact support. I can't take a look at your return today or tomorrow but the phone lines can.

Re: VA 529 Plan Carryover

techshop69 — Thu, 17 Apr 2025 11:50:23 GMT

Thanks, Amy. After reviewing the worksheet, I realized the contribution was over 4k, hence the carryover. My apologies; it was my error.