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Maryland 592 Contribution Amount

I contributed 3,000 to a Maryland 529 plan.  Turbo tax has "investment in college plan up to $2500"  Do I only enter the 2,500 or the actual amount that was invested?  Filing Married Joint, only one 529 plan

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AnnetteB6
Expert Alumni

Maryland 592 Contribution Amount

You should enter the actual amount that you contributed.  TurboTax will limit the contribution amount that you can claim on your current year's return and any extra contribution may be carried forward to a future year.  

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1 Reply
AnnetteB6
Expert Alumni

Maryland 592 Contribution Amount

You should enter the actual amount that you contributed.  TurboTax will limit the contribution amount that you can claim on your current year's return and any extra contribution may be carried forward to a future year.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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