How do I enter a 529 contribution for the state of...
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Blue 04321
Returning Member

How do I enter a 529 contribution for the state of Michigan?

I've completed my Michigan state return and line 17 is empty in my 1040 Schedule 1. I cannot find anything in the state return section of TurboTax where I enter my contribution. Please help.
6 Replies
MarilynG1
Expert Alumni

How do I enter a 529 contribution for the state of Michigan?

Click this link for the steps to Enter a Michigan 529 Contribution

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Blue 04321
Returning Member

How do I enter a 529 contribution for the state of Michigan?

Thanks for the quick reply. I couldn't get that link to work and I believe it is out of date. When I go to my Michigan income section it says, "Here's the income that Michigan handles differently" but only lists 2 options: "Capital Gains and Losses" and "Tribal Income". Nowhere can I find 529 plans. Any ideas? Thx!

DaveF1006
Employee Tax Expert

How do I enter a 529 contribution for the state of Michigan?

Please see the screenshot below. Here is where you will enter the Michigan Savings plan Contribution.

 

 


 
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Blue 04321
Returning Member

How do I enter a 529 contribution for the state of Michigan?

Thanks, I don't have that option. I'm not a resident of Michigan, so perhaps it is not letting me for that reason. However, I checked the state statute and residency status doesn't matter. Here is my screen:

 

Screen Shot 2021-02-18 at 8.51.44 AM.png

DaveF1006
Employee Tax Expert

How do I enter a 529 contribution for the state of Michigan?

According to this Turbo Tax link, most states  require that you contribute to your own state’s plan to get the break (Arizona, Kansas, Maine, Missouri and Pennsylvania allow deductions for contributions to any state’s plan). But each state also has different rules about who can take the deduction for their contributions.

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Adcvc
New Member

How do I enter a 529 contribution for the state of Michigan?

I just figured this out, so hopefully it will help others.  I am a nonresident, so I did not get the prompt to enter 529 contributions. 

 

What I had to do was change my status to full year resident.  Then, in the income section, it allowed me to enter the 529 contributions I made.  I then changed my status back to nonresident and I confirmed that the deduction from my 529 contribution remained.

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