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Slikdik
New Member

Do I get a deduction for withdrawals from my checking account to a 529'plan for my granddaughter

 
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MargaretL
Expert Alumni

Do I get a deduction for withdrawals from my checking account to a 529'plan for my granddaughter

No, your 529 plan contributions to your granddaughter's tuition program does not qualify for a federal tax deduction. However, some states do offer the deduction, please be sure to visit your state interview questions. 

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1 Reply
MargaretL
Expert Alumni

Do I get a deduction for withdrawals from my checking account to a 529'plan for my granddaughter

No, your 529 plan contributions to your granddaughter's tuition program does not qualify for a federal tax deduction. However, some states do offer the deduction, please be sure to visit your state interview questions. 

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