Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
dgfancher
New Member

I was never prompted to indicate the amount deposited to my 529 IL account when filling out my Illinois state income tax return. Is there a limit?

Is there a limit to the deduction based on income level which is the reason its not prompting the amount deposited?
2 Replies
JohnR1
New Member

I was never prompted to indicate the amount deposited to my 529 IL account when filling out my Illinois state income tax return. Is there a limit?

To enter your Illinois 529 Plan contributions for your dependent's education in TurboTax, please follow these steps:

  • In your return, select State Taxes tab
  • Proceed through the state interview section for Illinois, answering all questions on residency and income, until you arrive at a page entitled "Here's the income that Illinois handles differently"
  • Under Education, click on Start button for "College savings and prepaid tuition plan contributions"
  • On next page, "College Savings and Prepaid Tuition Plans", enter your 2016 529 plan contribution amount in the box for "Bright Start College Savings Pool" and click on Continue button
  • Finish the rest of the interview questions for Illinois
punkincat12
New Member

I was never prompted to indicate the amount deposited to my 529 IL account when filling out my Illinois state income tax return. Is there a limit?

I have never had anything of Illinois

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.63m
Discussions

Manage cookies
v