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A2Charlie
Returning Member

529 and my state

I live in NY state and have a 529 Plan with my broker who tells me the state of the 529 account is Kansas. Can I deduct the amount I contributed to this account even though it is not a "NY State 529 Plan"?  And does it matter that my daughter goes to school in New Jersey?

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MarilynG1
Expert Alumni

529 and my state

Unless you contributed to a New York 529 plan, you can't deduct your contributions to another state plan on your New York tax return.

 

Click this link for more info on Out of State 529 Plan. 

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG1
Expert Alumni

529 and my state

Unless you contributed to a New York 529 plan, you can't deduct your contributions to another state plan on your New York tax return.

 

Click this link for more info on Out of State 529 Plan. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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