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rjbakker
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Can i deduct contributions to my kids florida 529 plan on my 1040

i contributed 2000.00 to my kids 529 plan. Can i deduct this from my federal taxes?

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Can i deduct contributions to my kids florida 529 plan on my 1040

Contributions to a qualified college savings plan are not deductible on your federal return, but may be deductible on some state returns. However, the state tax deduction or credit for 529 contributions is not applicable in Florida since the state does not have a personal income tax.

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