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New Member
posted Jun 3, 2019 12:08:12 PM

Can I deduct 529 contributions on AZ return?Which form do I use ?

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1 Best answer
New Member
Jun 3, 2019 12:08:13 PM

The State of Arizona provides an annual Arizona state income tax deduction for 529 plan contributions of up to $2,000 for individual tax filers, and up to $4,000 for married couples filing jointly.

To enter a 529 Plan contribution in TurboTax, look for the screen in your Arizona return that is titled "Any Income Adjustments?"  and select the option "I have a 529 Plan."  See the sample screenshot below.  You will then be brought to a screen where you can select if you made contributions to the 529 Plan.  See the second sample screenshot below.  After that, you will be brought a screen to enter your 2018 contribution amount.

 

1 Replies
New Member
Jun 3, 2019 12:08:13 PM

The State of Arizona provides an annual Arizona state income tax deduction for 529 plan contributions of up to $2,000 for individual tax filers, and up to $4,000 for married couples filing jointly.

To enter a 529 Plan contribution in TurboTax, look for the screen in your Arizona return that is titled "Any Income Adjustments?"  and select the option "I have a 529 Plan."  See the sample screenshot below.  You will then be brought to a screen where you can select if you made contributions to the 529 Plan.  See the second sample screenshot below.  After that, you will be brought a screen to enter your 2018 contribution amount.