https://ttlc.intuit.com/community/state-taxes/discussion/529-contributions/01/3869968#M188625 <P>Im using Turbo Tax Deluxe.</P><P>Why doesn't my $10K contribution to a 529 acct for my daughter reduce my NY State tax by even one penny?</P> Sat, 04 Apr 2026 16:41:53 GMT Gebenack 2026-04-04T16:41:53Z https://ttlc.intuit.com/community/state-taxes/discussion/529-contributions/01/3869968#M188625 <P>Im using Turbo Tax Deluxe.</P><P>Why doesn't my $10K contribution to a 529 acct for my daughter reduce my NY State tax by even one penny?</P> Sat, 04 Apr 2026 16:41:53 GMT https://ttlc.intuit.com/community/state-taxes/discussion/529-contributions/01/3869968#M188625 Gebenack 2026-04-04T16:41:53Z https://ttlc.intuit.com/community/state-taxes/discussion/re-529-contributions/01/3869997#M188628 <P><SPAN style="font-size:14px;">If you're still in the federal portion of your tax return entry, you would not see this "move the needle" on your state taxes. When you get to <STRONG>State </STRONG>&gt; <STRONG>New York </STRONG>&gt; <STRONG>Deductions and Credits</STRONG>, you will be prompted to enter your contributions to qualified 529 higher education savings plans, at which point your state return will be re-calculated with the deduction for 529 plan contributions.</SPAN></P> Sat, 04 Apr 2026 16:54:43 GMT https://ttlc.intuit.com/community/state-taxes/discussion/re-529-contributions/01/3869997#M188628 MelindaS1 2026-04-04T16:54:43Z