Oregon 529

7 replies
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Oregon offers a tax credit for 529 plan contributions, but I do not see the place to input this in TurboTax?

MaryM428Answer

Level 11

Take a look at Oregon credits and taxes

AnnetteB6

Employee Tax Expert

As you go through the Oregon return, look for the screen titled "Here's the income that Oregon handles differently".

On that page, there will be a section for Investments. Click Start beside Oregon College & MFS 529 Savings Plan & ABLE Deposit Account Carryover to enter your information.

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jaredlAuthor

Level 2

When I follow that instruction, it prompts "Enter your Oregon College and MFS 529 Savings Plan and/or ABLE account deposit carryforwards below." The tax credit should be from contributions in the 2020 year and is not a carryforward from 2019 as it specifies. I have not seen a location to enter my 2020 contributions to the 529 plan.

MaryM428Answer

Level 11

Take a look at Oregon credits and taxes

JonMichael16

Level 2

I accidentally entered my contributions for Oregon College 529 as carryover, and not as contributions. How do I delete/remove what I entered here in "Oregon College and MFS 529 Savings Plan and ABLE Account Deposit Carryover"