Can I deduct up to $2K for a ma. u.fund 529 plan? I am married filing jointly.

[lafleurcarl]

It is a fidelity sponsored plan.

[DawnC]

Individuals can take a deduction for the purchase or contribution to an account in a prepaid tuition program or a college savings program established by the Commonwealth. The deduction is a maximum of $1,000 for a single, married filing separate or head of household return, and $2,000 for couples filing joint returns.

The deduction is subject to recapture in the taxable year when distributions, or refunds are made from the tuition program for any reason other than:

* to pay qualified higher education expenses (These are defined by internal Revenue Code section 529(e)(3)
* the death of the beneficiary
* disability of the beneficiary
* receipt of a scholarship for the benefit of the beneficiary

On your MA state return, look for the screen titled Education Expenses.