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Level 2
February 20, 2023
Solved

529 Contributions for Illinois

  • February 20, 2023
  • 1 reply
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Why can't I claim 529 college savings contributions for Illinois with TurboTax Deluxe 2022? I've always been able to in previous years. According to the paper form, it is still deductible on Schedule M.

    Best answer by AnnetteB6

    The option to claim a deduction for a contribution to the Bright Start, Bright Directions, or College Illinois plans is still there in TurboTax Deluxe.

     

    You can find it by going through your Illinois return and looking for the screen titled, 'Here's the income that Illinois handles differently'.  On that screen, scroll to the Education section and click Start beside College savings and prepaid tuition plan contributions to enter your information.  

    1 reply

    AnnetteB6Answer
    Level 15
    February 20, 2023

    The option to claim a deduction for a contribution to the Bright Start, Bright Directions, or College Illinois plans is still there in TurboTax Deluxe.

     

    You can find it by going through your Illinois return and looking for the screen titled, 'Here's the income that Illinois handles differently'.  On that screen, scroll to the Education section and click Start beside College savings and prepaid tuition plan contributions to enter your information.  

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    gpeteAuthor
    Level 2
    February 20, 2023

    Thank you, AnnetteB6! Not sure how I missed that...  Although, I thought this item would have been in the "Credits and Taxes" section, not the "Income" section.