Re: I live in NY. In 2017 I filed that I contributed to a 529 account. NY State now said that I did not contribute to a NY 529 account and sent me a bill. What did I miss?

I live in NY. In 2017 I filed that I contributed to a 529 account. NY State now said that I did not contribute to a NY 529 account and sent me a bill. What did I miss?

posted

drosen1052,

There are many available 529 plans available to any US resident. However, tax deductibility is limited to state residents that invest in their individual state's 529 plans. Did you contribute in 2017 to one of the options available through www.nysaves.org? If so, then you can dispute New York State by responding to their notice with copies of your 529 receipt and documentation.