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New Member
posted Jun 3, 2019 11:58:40 AM

If we filed jointly and contributed $16,000 to a 529 NY college program, we get a $10,000 state credit. What about the other $6K? Can this be carried over to next year

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1 Best answer
Level 15
Jun 3, 2019 11:58:42 AM

No.  New York only allows credit for contributions made during the current tax year.  There is no credit for contributions made during previous years.

1 Replies
Level 15
Jun 3, 2019 11:58:42 AM

No.  New York only allows credit for contributions made during the current tax year.  There is no credit for contributions made during previous years.