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Level 1
posted Feb 5, 2024 5:35:11 PM

How to enroll PA-529 amount I have paid for my kids in 2023 in my tax as state deduction?

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1 Best answer
Expert Alumni
Feb 6, 2024 3:02:58 PM

Go to the next screen, thenyYou must continue through the Pennsylvania (PA) tax return until you reach the screen '529 Contributions'.  Answer 'Yes' and make your entry.

 

3 Replies
Expert Alumni
Feb 5, 2024 5:46:21 PM

You will enter that when you prepare the state return.   You will come to the screen that says:

 

Let us know if you made any contributions to either of the following:

 

  • A Pennsylvania 529 Tuition Account Program (TAP)
  • Another State's 529 College Savings Plan

The amount you contribute can be deducted from your Pennsylvania taxable income and save you money. 

 

Did you make a 529 contribution in 2023?                                            

Answer Yes and enter the details on the next screen.

_____________________________________________________________________________

Pennsylvania allows a maximum deduction of $17,000 per beneficiary, per taxpayer for 529 Tuition Account Program contributions made in 2023 to a Pennsylvania 529 Tuition Account Program or another state's 529 College Savings Plan.    Rollovers are not considered a contribution, and you are not allowed a deduction for any amounts you rolled over.
 

Level 1
Feb 5, 2024 5:58:40 PM

Since I am married and filling jointly. I am getting below page. Only Done button for me to complete state return. Not able to get link/page where I can put my PA-529 contribution amount for 2023.

 

 

 

 

Expert Alumni
Feb 6, 2024 3:02:58 PM

Go to the next screen, thenyYou must continue through the Pennsylvania (PA) tax return until you reach the screen '529 Contributions'.  Answer 'Yes' and make your entry.