topic donations in Deductions & credits

donations

cjhastings — Tue, 24 Feb 2026 08:27:28 GMT

I wish to contribute to a 529 plan for my grandson. Would I qualify for the state of Maine tax benefit if I contribute to the 529 plan opened by my daughter, or do I need to open a separate 529 account with me as the administrator? My daughter and I are both Maine residents?

Re: donations

Bsch4477 — Thu, 07 Dec 2023 20:18:53 GMT

See here.

https://www.nextgenforme.com/maine-state-tax-deduction/#:~:text=The%202023%20Maine%20State%20Tax,student%20for%20Maine%20state%20taxpayers.

Re: donations

Hal_Al — Fri, 08 Dec 2023 13:49:08 GMT

Q. Would I qualify for the state of Maine tax benefit if I contribute to the 529 plan opened by my daughter?

A. Yes.

Q. Or do I need to open a separate 529 account with me as the administrator?

A. No.

Reference: see the link. provided by @Bsch4477 , above.

For others reading this, this is true in most other states. But, you should verify your state's rules ahead of time.