topic Re: 529 contributions in Education

529 contributions

dlglenn640 — Mon, 09 Mar 2026 08:58:29 GMT

I am a grandparent who contributed money to grandchildren's 529 college funds. Colorado allows deduction of 529 contributions, but Im not sure it applies to me or only to my sons who actually own the 529 accounts.

Re: 529 contributions

rbt1219 — Sun, 06 Mar 2022 17:02:51 GMT

Yes, you can get the reduction in Federal income using Form DR 0104AD, line 8. As noted on the form, if you're not the 529 account owner, you need the account owner's name and SSN.

Re: 529 contributions

rbt1219 — Sun, 06 Mar 2022 20:53:29 GMT

One point of clarification: The reduction in Federal income on your Colorado tax return solely applies to contributions made to CollegeInvest 529 plans. You cannot deduct contributions made to a tuition savings plan for another state.

Re: 529 contributions

bjbattaglin — Sun, 13 Mar 2022 20:20:34 GMT

I CANNOT FIND PLACE TO RECORD MY 529 CON TRIBUTIONSFOR MY GRANDSON TO MY COLORADO TAX FORM

Re: 529 contributions

bjbattaglin — Sun, 13 Mar 2022 20:25:07 GMT

IS LINE DR0104AD IN FEDERAL FORM OR COLORADO FORM/

Re: 529 contributions

Hal_Al — Sun, 13 Mar 2022 20:26:36 GMT

It's usually on the page, in the state program, called "Here's the income that Colorado handles differently".

Re: 529 contributions

dlglenn640 — Sun, 13 Mar 2022 21:31:50 GMT

It is Colorado Form DR0104AD

Re: 529 contributions

hockeyjac — Thu, 02 Feb 2023 22:15:28 GMT

where do you record it for Indiana or just federal?

Re: 529 contributions

ShirlynW — Thu, 02 Feb 2023 23:15:00 GMT

You will record it on your Indiana return. If your state is one of those states that will let you deduct all or part of your 529 plan contribution, TurboTax will prompt you to enter your contribution when you get to the credits and deductions portion of your state taxes.

Re: 529 contributions

justusdj — Tue, 21 Feb 2023 00:43:06 GMT

I see no "Credits and Deductions" portion on my Wisconsin state returns. We do get a deduction for 529 contributions.

Re: 529 contributions

AnnetteB6 — Tue, 21 Feb 2023 14:55:44 GMT

Each state return within TurboTax handles the 529 contributions inconsistently.

For Wisconsin, you need to look for a page titled, 'Here's the income that Wisconsin handles differently'. While on that screen, scroll to the Education section and click Start or Update beside College Savings Account. This is where you can enter your 529 plan contributions.

@justusdj

Re: 529 contributions

justusdj — Tue, 21 Feb 2023 20:48:54 GMT

I didn't have that screen either. Only way I could find to do it was to go into the forms themselves, find the form for it, add it, then run back through the UI, then suddenly the screen to fill in the 529 contribution information appeared.